releasing $450 million of Iranian frozen funds
Earnest April 17, 2014
WASHINGTON—The United States says it is taking steps to release a $450 million
installment of frozen Iranian funds in response to Tehran meeting its
commitment under the interim deal reached with world powers in November.
State Department Spokesperson Marie Harf said April 17 the move comes
after a report by the International Atomic Energy Agency (IAEA) that
says Iran is living up to its part of the interim nuclear deal.
"Based on this confirmation and consistent with commitments that the
United States made under the Joint Plan of Action, the Department of
Treasury took the necessary steps pursuant to the JPOA to facilitate the
release of a $450 million installment of Iran's frozen funds," Harf
Under the agreement, Iran halted some of its nuclear activities in
exchange for a limited easing of some international sanctions.Add