Account

The Actual News

Just the Facts, from multiple news sources.

Middle East live: Iran says to use frozen funds in Qatar to buy 'required goods'

Middle East live: Iran says to use frozen funds in Qatar to buy 'required goods'

Summary

Iran will use some of its frozen money held in Qatar to buy goods it needs, following talks in Doha. This is part of an agreement under which the United States agreed to release Iranian funds to help end the conflict between the two countries.

Key Facts

  • Iran has frozen assets worth six billion dollars in Qatar.
  • Iranian officials met with Qatari authorities to discuss how to spend these funds.
  • The money will be used to buy goods that Iran needs.
  • The United States agreed to release some of Iran’s frozen assets under a memorandum of understanding.
  • The details on how and when the funds will be released are not yet clear.
  • The talks took place in Doha, Qatar.
  • The agreement helped to halt the war between Iran and the United States.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.