8th Tranche Of Iranˈs $4.2-bn Assets Received: CBI

Tehran, Aug 9, IRNA – Central Bank of Iran (CBI) confirmed on Saturday that the final tranche of Iranˈs 4.2 billion dollars assets has been deposited to its account. According to an agreement reached between Iran and G5+1 in Geneva, India paid $550 million installment to Iran through UAE Central Bank. The amount is the final installment of a total USD 4.2 billon which was released within the framework of Iran-G5+1 interim nuclear deal reached in Geneva. In the meantime, based on the July agreement between the two sides in Vienna, the USD 2.8 billion will also be paid to Iran in six parts – four USD 500-million and two USD 400-million installments, in three-week intervals. Iran and the six countries are to resume their negotiations to discuss a final agreement over Tehran’s nuclear energy program in September. Iran’s right to enrich uranium is among the bones of contention between the two sides. They clinched a landmark interim deal in Geneva, Switzerland, on November 23, 2013. The agreement took effect on January 20 and expired six months later on July 20. In July, the two sides agreed on the extension of their discussions until November 24 in an effort to achieve a permanent nuclear deal./end