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Iran president backtracks on Japan's independence remark: ‘I must clarify…’

Iran president backtracks on Japan's independence remark: ‘I must clarify…’

Published on: Aug 29, 2023 05:15 PM IST
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Iranian president Ebrahim Raisi called on Japan on Tuesday to display its independence from Washington by releasing Tehran's frozen assets amid U.S. sanctions - and then said the only blocked Iranian funds were being held in South Korea.

Iranian President Ebrahim Raisi waves to the media as he leaves after a press conference in Tehran, Iran. (AP)
Iranian President Ebrahim Raisi waves to the media as he leaves after a press conference in Tehran, Iran. (AP)

"Japan should act independently from the U.S. by releasing our blocked funds," Raisi said when asked by a Japanese reporter about $1.5 billion of blocked funds in Japan.

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He then appeared to contradict himself.

"I must clarify that our Central Bank earlier said we only had unjustly frozen funds in South Korea. All other assets abroad are at the disposal of Iran's Central Bank," Raisi said.

Tehran and Washington have reached an agreement in which five U.S. citizens held in Iran will be freed in exchange for $6 billion of Iranian assets frozen in South Korea.

They are expected to leave Iran when the money reaches accounts in Qatar.

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
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