Foreign banks free Iran’s 100 billion USD loans

(VOVworld) – Iran has been able to access frozen assets worth about 100 billion USD in foreign banks after signing a nuclear deal with 6 world powers on January 16.

Foreign banks free Iran’s 100 billion USD loans - ảnh 1
US Secretary of State John Kerry, left, holds a meeting with Iran's Foreign Minister Javad Zarif, right, over Iran's nuclear program in Lausanne, Switzerland, on March 17, 2015. Photographer: Brian Snyder/AFP/Getty Images


Iran's oil and natural gas export revenue has been frozen in banks in China, India, Japan, South Korea, and Turkey since the west tightened economic sanctions on Iran in 2012.
9 Iranian banks have accessed the global financial network to transfer the money to Iran. Iranian government spokesman Mohammad-Baqer Nobakht said most of the money will be kept overseas and used to invest and purchase goods.

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