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Iran confirms $6 billion frozen funds release in Qatar deal

Published on: June 21, 2026 4:08 PM

Iranian President Masoud Pezeshkian has announced that $6 billion in frozen Iranian assets held in Qatar will be released under a preliminary arrangement linked to ongoing negotiations with the United States. The development comes as both sides continue technical-level talks in Switzerland aimed at implementing a broader diplomatic understanding.

The Iranian president said the release of funds forms part of early-stage commitments within the US–Iran framework and reflects progress in financial and diplomatic engagement. He added that the arrangement aligns with ongoing efforts to stabilize relations and advance practical steps agreed under the memorandum of understanding.

Moreover, Pezeshkian reaffirmed Iran’s long-standing position on its nuclear programme, stating that Tehran will not abandon its right to enrich uranium. However, he emphasized that Iran has no intention of developing nuclear weapons, reiterating that this stance has already been clarified at the highest leadership level.

At the same time, negotiations between US and Iranian delegations are continuing in Switzerland under the mediation of Pakistan and Qatar. The talks are taking place in Bürgenstock and aim to implement agreed measures, including economic arrangements and regional de-escalation steps designed to reduce tensions.

In addition, the US delegation is led by Vice President JD Vance, while the Iranian side includes senior figures such as Parliament Speaker Mohammad Baqer Qalibaf and Foreign Minister Abbas Araghchi. Officials from both sides are working through technical details to move the agreement toward practical implementation.

Finally, President Pezeshkian described the US–Iran memorandum of understanding as being in Iran’s national interest and expressed optimism about its progress. He said both sides are now entering the implementation phase, with continued diplomatic engagement expected to produce visible results in the near future.

Filed Under: Business, World Tagged With: Iran funds, Latest, nuclear enrichment, Pezeshkian statement, Qatar assets, Switzerland talks, US Iran talks

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