Iran says it asked US to unfreeze $13.6b of assets to show goodwill

DUBAI • Iran's Foreign Minister yesterday said US officials tried to discuss restarting nuclear talks last month, but he insisted Washington must first release US$10 billion (S$13.6 billion) of Teheran's frozen funds as a sign of goodwill.

Teheran has rejected direct talks with Washington, and indirect talks on reviving a 2015 nuclear accord aimed at keeping Iran from being able to develop a nuclear weapon stopped in June.

The US used intermediaries at the United Nations last month to attempt to make contact, Foreign Minister Hossein Amirabdollahian told state television.

Iran has been unable to obtain tens of billions of dollars of its assets in foreign banks, mainly from exports of oil and gas, due to American sanctions on its banking and energy sectors.

"The Americans tried to contact us through different channels (at the UN General Assembly) in New York, and I told the mediators if America's intentions are serious, then a serious indication was needed... by releasing at least US$10 billion of blocked money," the minister said.

"They are not willing to free US$10 billion belonging to the Iranian nation so that we can say that the Americans once in the past several decades considered the interests of the Iranian nation," Mr Hossein said in the TV interview.

Western powers have urged Iran to return to negotiations and said time is running out as Teheran's nuclear programme is advancing well beyond the limits set by the deal.

Mr Hossein reiterated that Iran would "soon" return to the stalled nuclear talks in Vienna, but declined to give a date.

Teheran says its nuclear steps are reversible if Washington lifts all sanctions. Iranian and Western officials have said many issues remain to be resolved before the accord can be revived.

REUTERS