$550 million of Iranian funds to be unfrozen

Published: 13 Jan 2014 in 9:10 (UTC+3 MSK)

The West will unfreeze $550 million out of $4.2 billion of Iran’s funds by February 1, according to the agreements signed in Geneva, RIA Novosti reports.$450 million more will be unfrozen on March 1. The following tranches will be made on March 7, April 10 and 15, May 14, June 17 and July 20.

The West will unfreeze $550 million out of $4.2 billion of Iran’s funds by February 1, according to the agreements signed in Geneva, RIA Novosti reports.

$450 million more will be unfrozen on March 1. The following tranches will be made on March 7, April 10 and 15, May 14, June 17 and July 20.