TEHRAN, Mar 9 (Xinhua): Iran received the second installment of previously frozen oil assets under an interim nuclear deal with world powers, local media reported yesterday.
The new funds, amounting to 4.5 million U.S. dollars, was transferred to the account of Iran's Central Bank on Monday, reports said.
Under the nuclear deal reached in Geneva in late November last year, Iran is urged to freeze and scale back part of its nuclear program for a six-month period in exchange for a western sanction relief, including a gradual release of Iran's oil assets up to 4.2 billion U.S. dollars.
Under the agreement, the funds are scheduled to be paid out in eight transfers which started with a 550-million-dollar payment by Japan on Feb. 1.
Iran receives 2nd tranche of payment under interim nuclear deal
FE Team | Published: March 10, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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