&imwidth=800&imheight=600&format=webp&quality=medium "After ceasefire, Iran reveals roadmap to final US agreement and possible $24 billion payout")
The United States will release $12 billion in frozen assets to Iran before the two nations begin negotiations on a 'final agreement,' reported Mehr News. In a statement, Iran said that it would hold talks with the US within two months of the 'immediate halt' to the hostilities announced on Monday (Jun 15).
Also read | 'Enemy had no choice but surrender': Iran claims victory as US agrees to 'permanently' end war
When will Iran-US reach a final agreement?
Iran said on Monday that it would begin negotiations with the United States within the next two months to pursue a final agreement aimed at formally ending the war between the two countries. The announcement comes as Washington and Tehran declared an immediate halt to military operations, raising hopes that a conflict which rattled the Middle East and disrupted global energy markets may be moving toward a broader settlement.
In televised comments, Iran's Deputy Foreign Minister Kazem Gharibabadi said the next phase would focus on converting the ceasefire arrangement into a lasting agreement. "When negotiations begin within 60 days with the aim of reaching a final agreement, if such a final agreement is ultimately achieved, the key issue for us will naturally be the implementation of its provisions," Gharibabadi said.
Also read | 'Let the oil flow': Crude prices down to $81.15 as US, Iran announce 'immediate end' to hostilities
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US to release Iran's frozen assets worth $24 billion
According to a 14-point memorandum of understanding between the two countries published by Iran's Mehr News Agency, America would release $24 billion in frozen Iranian assets during the 60-day negotiation period.
The report claims that $12 billion, half of the total amount, would be made available to Iran before formal negotiations begin.
Meanwhile, on Sunday, UN Secretary-General Antonio Guterres welcomed the agreement, describing the ceasefire and reopening of the Strait of Hormuz as a critical step toward ending the conflict.
"The Secretary-General hopes that the parties will build on this new momentum and redouble their efforts towards a final resolution of the conflict," spokesperson Stéphane Dujarric said in a statement.
Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.
