The Governor of the Central Bank of Iran: The memorandum of understanding stipulates that the United States is obliged to unfreeze Iranian assets.

The Governor of the Central Bank of Iran, Abdolnaser Hemmati, stated on the 16th local time that regarding the issue of unfreezing assets under the framework of the Iran-US Memorandum of Understanding, all past experiences and historical cases have been fully considered during the formulation of relevant terms. Efforts have been made to ensure that the mechanisms set out in the agreement provide the highest level of security, so that these funds can be smoothly obtained and used. Hemmati said the memorandum's provisions clearly specify the United States' obligations to unfreeze the assets, and these obligations are clear and enforceable. The US side will be required to fulfill its commitments. Hemmati also stressed that once the memorandum is signed and begins to be implemented, necessary technical and banking verifications will be conducted to confirm whether the assets are genuinely unfrozen and available for actual use. Hemmati stated that these unfrozen funds belong to the assets of the Central Bank of Iran, and decisions regarding the management, allocation, and use of these funds will be made within the framework of the central bank’s statutory authority. The central bank will arrange the use of these funds according to the country’s needs, economic situation, and foreign exchange priorities. (CCTV News)