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Iran receives $490 mn of frozen assets
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IANS | 01 Mar, 2015
The Central Bank of Iran announced Tuesday that it has received $490 mn of its frozen assets based on an interim deal Tehran signed with the world powers over its nuclear programme last November, a media report said.
The central bank received the latest installment of its frozen overseas assets in its accounts in Oman. It was the fifth installment of a total of $4.9 billion which had been agreed to be delivered to Iran in 10 payments, Press TV reported citing a statement from the bank.
Iran has so far received around $7 billion of its frozen assets in two phases.
In November 2013, Iran and the P5+1 group -- Russia, China, France, Britain, the US plus Germany -- clinched an interim nuclear deal for a period of six month.
According to the deal, Iran agreed to limit certain aspects of its nuclear activities as a confidence-building measure, and the world powers undertook to provide Iran with some relief on sanctions.
The negotiators of Iran and the world powers are now working on a final accord by the end of June 2015.
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