Iran said on Wednesday (July 01) that part of its initial $6 billion in frozen assets will be used to purchase essential goods following talks in Doha on implementing the memorandum of understanding between Tehran and Washington.&nbsp;Deputy Foreign Minister Kazem Gharibabadi said discussions with Qatari officials, including representatives of the Central Bank, focused on how part of the funds would be used.&nbsp;"During the meetings with Qatari officials, including the Central Bank, a number of issues related to the expenditure of part of the initial six billion dollars were reviewed," Gharibabadi said, according to the IRNA state news agency.&nbsp;"It was agreed that, based on the needs communicated by our country, the required goods would be purchased and made available to Iran."&nbsp;Under the memorandum of understanding that halted the war between Iran and the United States, Washington agreed to make Iran's frozen or restricted assets available as part of implementing the agreement. However, it remains unclear how the funds will be released, how the mechanism will operate, or when it will take effect.&nbsp;The announcement followed a round of talks in Doha, where the Iranian delegation met Qatari and Pakistani mediators to discuss implementation of the Islamabad memorandum of understanding with the United States.&nbsp;The $6 billion refers to part of Iran's oil revenues transferred from South Korea to restricted accounts in Qatar since 2023.&nbsp;Gharibabadi said that a meeting of the monitoring group tasked with overseeing the MoU’s implementation was held with the participation of senior negotiators from the three countries.&nbsp;“US violations of its commitments under Clause 1 of the Memorandum of Understanding regarding the cessation of war in Lebanon, reports of US efforts to reinforce equipment and forces in the region.”&nbsp;&nbsp;The deputy foreign minister also said the participants agreed that "a communication channel would be established by tomorrow" to report and record violations of the memorandum.&nbsp;Also Read: <a href="https://www.wionews.com/world/after-tariff-blow-trump-refuses-to-extend-us-trade-pact-with-canada-and-mexico-he-negotiated-in-first-term-1782936096825">After tariff blow, Trump refuses to extend US trade pact with Canada and Mexico he negotiated in first term</a>&nbsp;Last month, Iranian Foreign Ministry spokesman Esmaeil Baqaei said Tehran alone would decide how to use the released assets, "in whatever way is most beneficial and favourable to the country".&nbsp;He also said the funds would "be available for Iran to freely use as it sees fit to supply the goods that the country needs".&nbsp;US Vice President JD Vance said in June that the United States and Qatar "have approval over that process" of the release of frozen funds. Vance also suggested the money could be used to buy US products, including agricultural goods such as soybeans.

The deputy foreign minister also said the participants agreed that "a communication channel would be established by tomorrow" to report and document violations of the memorandum.

Iran said on Wednesday (July 01) that part of its initial $6 billion in frozen assets will be used to purchase essential goods following talks in Doha on implementing the memorandum of understanding between Tehran and Washington. Deputy Foreign Minister Kazem Gharibabadi said discussions with Qatari officials, including representatives of the Central Bank, focused on how part of the funds would be used. "During the meetings with Qatari officials, including the Central Bank, a number of issues related to the expenditure of part of the initial six billion dollars were reviewed," Gharibabadi said, according to the IRNA state news agency. "It was agreed that, based on the needs communicated by our country, the required goods would be purchased and made available to Iran." Under the memorandum of understanding that halted the war between Iran and the United States, Washington agreed to make Iran's frozen or restricted assets available as part of implementing the agreement. However, it remains unclear how the funds will be released, how the mechanism will operate, or when it will take effect. The announcement followed a round of talks in Doha, where the Iranian delegation met Qatari and Pakistani mediators to discuss implementation of the Islamabad memorandum of understanding with the United States. The $6 billion refers to part of Iran's oil revenues transferred from South Korea to restricted accounts in Qatar since 2023. Gharibabadi said that a meeting of the monitoring group tasked with overseeing the MoU’s implementation was held with the participation of senior negotiators from the three countries. “US violations of its commitments under Clause 1 of the Memorandum of Understanding regarding the cessation of war in Lebanon, reports of US efforts to reinforce equipment and forces in the region.” The deputy foreign minister also said the participants agreed that "a communication channel would be established by tomorrow" to report and record violations of the memorandum. Also Read: After tariff blow, Trump refuses to extend US trade pact with Canada and Mexico he negotiated in first term Last month, Iranian Foreign Ministry spokesman Esmaeil Baqaei said Tehran alone would decide how to use the released assets, "in whatever way is most beneficial and favourable to the country". He also said the funds would "be available for Iran to freely use as it sees fit to supply the goods that the country needs". US Vice President JD Vance said in June that the United States and Qatar "have approval over that process" of the release of frozen funds. Vance also suggested the money could be used to buy US products, including agricultural goods such as soybeans.

The deputy foreign minister also said the participants agreed that "a communication channel would be established by tomorrow" to report and document violations of the memorandum.

Iran concludes Doha talks, to use frozen funds to buy 'necessary goods'

Iran has indicated that it is not yet ready to negotiate a final agreement with the United States, saying key provisions of the recently signed 14-point Memorandum of Understanding (MoU) must be implemented before comprehensive talks can begin.&nbsp;Iran's Parliament Speaker and chief negotiator, Mohammad Bagher Ghalibaf, also warned that Tehran would respond to any "violations of the understanding" that ended the recent conflict. Referring to incidents in the Persian Gulf, he said Iran viewed them as breaches of the ceasefire even as diplomatic engagement with Washington continued.&nbsp;According to the ISNA news agency, Ghalibaf said in a televised interview on Tuesday, "We consider the events that are taking place in the Persian Gulf these nights to be a violation of the understanding to end the war, and we will definitely react to it, and naturally, the other side will react as well."&nbsp;He also reaffirmed that diplomacy remains Tehran's preferred approach, while making it clear that Iran is prepared for military action if negotiations collapse. Speaking to state television, he said, "We are pursuing dialogue, but if the dialogue is not implemented, we are also prepared for war and will respond accordingly," AFP reported&nbsp;His remarks came as Iranian and US delegations were due to hold separate discussions in Doha to discuss the implementation of the MoU through mediators.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-slams-sc-order-says-will-bring-legislation-to-end-birthright-citizenship-1782838001426">Trump slams SC order, says will bring legislation to end birthright citizenship</a>&nbsp;<h2>Iran says oil exports plummeted to zero during blockade</h2>The Iranian Parliament Speaker said the country has sharply increased oil exports since the US blockade on its ports was lifted, after a period during which it could not export any crude.&nbsp;"From the day the blockade was lifted until today, we have exported more than 40 million barrels of oil." He added, "By contrast, during the previous 50 to nearly 60 days, we were genuinely unable to export even a single barrel of oil," he said.&nbsp;Describing the lifting of the blockade as a major success, "The most severe type of war is a naval blockade, meaning that people and their bread have been surrounded. This blockade was lifted, and it was one of the great successes of this memorandum that happened after that; the final digital signing was carried out," he added.&nbsp;Although senior US officials, including special envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner, travelled to Doha to push forward negotiations, Iranian officials have maintained that there are no plans for direct talks with the US delegation, with discussions continuing through mediators.&nbsp;Meanwhile, Qatar's Prime Minister met Witkoff and Kushner in Doha to discuss the ongoing negotiations between Tehran and Washington.&nbsp;In a statement, Qatar's Foreign Ministry said the Prime Minister reaffirmed the country's mediation efforts and expressed support for all negotiations stemming from the MoU.

Ghalibaf said Iran continues to prioritise diplomacy with the United States but is ready to respond militarily if the talks do not succeed.

Iran has indicated that it is not yet ready to negotiate a final agreement with the United States, saying key provisions of the recently signed 14-point Memorandum of Understanding (MoU) must be implemented before comprehensive talks can begin. Iran's Parliament Speaker and chief negotiator, Mohammad Bagher Ghalibaf, also warned that Tehran would respond to any "violations of the understanding" that ended the recent conflict. Referring to incidents in the Persian Gulf, he said Iran viewed them as breaches of the ceasefire even as diplomatic engagement with Washington continued. According to the ISNA news agency, Ghalibaf said in a televised interview on Tuesday, "We consider the events that are taking place in the Persian Gulf these nights to be a violation of the understanding to end the war, and we will definitely react to it, and naturally, the other side will react as well." He also reaffirmed that diplomacy remains Tehran's preferred approach, while making it clear that Iran is prepared for military action if negotiations collapse. Speaking to state television, he said, "We are pursuing dialogue, but if the dialogue is not implemented, we are also prepared for war and will respond accordingly," AFP reported His remarks came as Iranian and US delegations were due to hold separate discussions in Doha to discuss the implementation of the MoU through mediators. Also Read: Trump slams SC order, says will bring legislation to end birthright citizenship Iran says oil exports plummeted to zero during blockade The Iranian Parliament Speaker said the country has sharply increased oil exports since the US blockade on its ports was lifted, after a period during which it could not export any crude. "From the day the blockade was lifted until today, we have exported more than 40 million barrels of oil." He added, "By contrast, during the previous 50 to nearly 60 days, we were genuinely unable to export even a single barrel of oil," he said. Describing the lifting of the blockade as a major success, "The most severe type of war is a naval blockade, meaning that people and their bread have been surrounded. This blockade was lifted, and it was one of the great successes of this memorandum that happened after that; the final digital signing was carried out," he added. Although senior US officials, including special envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner, travelled to Doha to push forward negotiations, Iranian officials have maintained that there are no plans for direct talks with the US delegation, with discussions continuing through mediators. Meanwhile, Qatar's Prime Minister met Witkoff and Kushner in Doha to discuss the ongoing negotiations between Tehran and Washington. In a statement, Qatar's Foreign Ministry said the Prime Minister reaffirmed the country's mediation efforts and expressed support for all negotiations stemming from the MoU.

Ghalibaf said Iran continues to prioritise diplomacy with the United States but is ready to respond militarily if the talks do not succeed.

Iran 'prepared for war' if MoU not implemented: Ghalibaf warns US over ceasefire breaches

The US and Iran are both expected to have delegations in Qatar's capital, Doha, this week, raising expectations of renewed diplomatic engagement. This came despite Tehran publicly insisting that no direct negotiations with Washington are planned.&nbsp;US Special Envoy Steve Witkoff is travelling to Doha, according to two US officials cited by CNN. Iran has also confirmed that an expert delegation will visit the Qatari capital. Esmail Baghaei, spokesperson for Iran's negotiating team, said the Iranian delegation's visit is intended solely to follow up on an earlier agreement regarding the release of Iran's frozen assets.&nbsp;Also read: <a href="https://www.wionews.com/world/iran-has-requested-a-meeting-trump-claims-meeting-in-doha-on-june-30-despite-denial-from-tehran-1782747856814">‘Iran has requested a meeting’: Trump claims meeting in Doha on June 30, despite denial from Tehran</a>&nbsp;Meanwhile, Qatar’s Foreign Ministry spokesman Majed al-Ansari said on Tuesday (June 30) that there will be no direct meeting between Iran and US in Doha.&nbsp;&nbsp;"The fact that US representatives are travelling to Qatar has nothing to do with the Iranian delegation's visit, which is being conducted to follow up on the agreement," Baghaei told reporters on Monday (June 29).&nbsp;But a source told CNN that delegations from both countries are expected to be in Doha at the same time. And this fuels speculation that diplomatic engagement could take place regardless of Tehran's public stance.<h2>What is the agreement between the US and Iran?</h2>The expected discussions come two weeks after Washington and Tehran signed a memorandum of understanding in Islamabad, intended to provide a framework for ending regional hostilities. Under the MOU, the US agreed to unfreeze Iranian assets, lift sanctions, allow Iranian oil exports, end its blockade on Iranian ports and establish a reconstruction fund for Iran.&nbsp;Also read: <a href="https://www.wionews.com/world/israeli-defence-companies-sold-military-systems-to-qatar-saudi-arabia-despite-no-diplomatic-ties-report-1782663509488">Israeli defence companies sold military systems to Qatar, Saudi Arabia despite no diplomatic ties: Report</a>&nbsp;In return, Tehran committed to guaranteeing the safe passage of ships through the Strait of Hormuz and reaffirmed that it would not develop nuclear weapons. While the agreement outlined broad commitments, many of the practical details were left for future negotiations.<h2>Issues that are still unresolved</h2>Several key issues remain unsettled just two weeks into the 60-day negotiation period outlined in the MOU. One of the main complications is that the agreement requires progress on multiple issues before substantive negotiations can begin. These include the release of Iran's frozen assets, sanctions on Iranian oil exports, shipping through the Strait of Hormuz, the US blockade of Iranian ports, and ongoing hostilities involving Iran and Lebanon.&nbsp;Iran said on Monday (June 29) that half of its frozen assets held in Qatar would be returned. However, US officials have said no assets have yet been released.&nbsp;Disagreements also persist over navigation through the Strait of Hormuz. Tehran maintains that vessels should obtain Iranian permission to use designated shipping routes, while an increasing number of ships have instead opted for an alternative route closer to Oman's coastline.

US and Iranian delegations are visiting Doha simultaneously, fueling speculation of renewed diplomatic engagement despite Iran’s claim that the trip only concerns a recent asset-release agreement signed in Islamabad.

The US and Iran are both expected to have delegations in Qatar's capital, Doha, this week, raising expectations of renewed diplomatic engagement. This came despite Tehran publicly insisting that no direct negotiations with Washington are planned. US Special Envoy Steve Witkoff is travelling to Doha, according to two US officials cited by CNN. Iran has also confirmed that an expert delegation will visit the Qatari capital. Esmail Baghaei, spokesperson for Iran's negotiating team, said the Iranian delegation's visit is intended solely to follow up on an earlier agreement regarding the release of Iran's frozen assets. Also read: ‘Iran has requested a meeting’: Trump claims meeting in Doha on June 30, despite denial from Tehran Meanwhile, Qatar’s Foreign Ministry spokesman Majed al-Ansari said on Tuesday (June 30) that there will be no direct meeting between Iran and US in Doha. "The fact that US representatives are travelling to Qatar has nothing to do with the Iranian delegation's visit, which is being conducted to follow up on the agreement," Baghaei told reporters on Monday (June 29). But a source told CNN that delegations from both countries are expected to be in Doha at the same time. And this fuels speculation that diplomatic engagement could take place regardless of Tehran's public stance. What is the agreement between the US and Iran? The expected discussions come two weeks after Washington and Tehran signed a memorandum of understanding in Islamabad, intended to provide a framework for ending regional hostilities. Under the MOU, the US agreed to unfreeze Iranian assets, lift sanctions, allow Iranian oil exports, end its blockade on Iranian ports and establish a reconstruction fund for Iran. Also read: Israeli defence companies sold military systems to Qatar, Saudi Arabia despite no diplomatic ties: Report In return, Tehran committed to guaranteeing the safe passage of ships through the Strait of Hormuz and reaffirmed that it would not develop nuclear weapons. While the agreement outlined broad commitments, many of the practical details were left for future negotiations. Issues that are still unresolved Several key issues remain unsettled just two weeks into the 60-day negotiation period outlined in the MOU. One of the main complications is that the agreement requires progress on multiple issues before substantive negotiations can begin. These include the release of Iran's frozen assets, sanctions on Iranian oil exports, shipping through the Strait of Hormuz, the US blockade of Iranian ports, and ongoing hostilities involving Iran and Lebanon. Iran said on Monday (June 29) that half of its frozen assets held in Qatar would be returned. However, US officials have said no assets have yet been released. Disagreements also persist over navigation through the Strait of Hormuz. Tehran maintains that vessels should obtain Iranian permission to use designated shipping routes, while an increasing number of ships have instead opted for an alternative route closer to Oman's coastline.

US and Iranian delegations are visiting Doha simultaneously, fueling speculation of renewed diplomatic engagement despite Iran’s claim that the trip only concerns a recent asset-release agreement signed in Islamabad.

No direct meeting? Everything we know about the upcoming US-Iran talks in Doha

us-iran-talks-in-doha

Us Iran Talks In Doha, News on Us Iran Talks In Doha, stories on Us Iran Talks In Doha, articles on Us Iran Talks In Doha, Us Iran Talks In Doha stories at Wion, Us Iran Talks In Doha news, Us Iran Talks In Doha latest news

us iran-talks-in-doha

Iran concludes Doha talks, to use frozen funds to buy 'necessary goods'

Iran 'prepared for war' if MoU fails: Ghalibaf warns over ceasefire breaches

No direct meeting? Everything we know about the upcoming US-Iran talks in Doha