Media: Relief from sanctions on Iran hinges on progress in nuclear talks

According to sources cited by Western media, the easing of sanctions on Iran—including the unfreezing of its overseas assets—will depend on the progress made in negotiations over Iran's nuclear program.

Previously, Iran's Mehr News Agency reported, citing a draft memorandum of understanding, that the United States has committed to unfreezing $24 billion in Iranian overseas assets, with half to be returned to Iran prior to the signing of the memorandum of understanding between the two countries.

In its report, the Financial Times quoted insiders in the negotiations as saying: "Any relaxation of sanctions on Iran, including the unfreezing of its overseas assets, will be implemented in stages and tied to progress in the nuclear talks. The negotiations will commence after the memorandum of understanding is signed."

Additionally, according to sources cited by the publication, the United States will allow Iran to sell oil during the 60-day extension of the ceasefire.

Earlier, both U.S. President Trump and Iran’s Deputy Foreign Minister Gharib-Abadi confirmed that the preparatory work for the memorandum of understanding between Iran and the United States has been completed, and it is scheduled to be formally signed in Switzerland on June 19.

Original article: toutiao.com/article/1868027884768256/

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