NAWAIWAQT GROUP
 
 
 
Tehran confirms US release of $8b of frozen assets
Obama defends Iran policy amid Israel anger
 
 
 

TEHRAN/ SANFRANSISO - Iranian Government spokesman Mohammad Baqer Nobakht confirmed the release of $8bln of Iran’s blocked assets by the US administration.
Speaking to reporters in Tehran, Nobakht pointed to the recently signed nuclear agreement between Iran and the six major world powers in Geneva on Sunday, and confirmed reports about the release of $8bln of Iran’s assets by the US administration.
He stressed that the agreement will ease the anti-Iran sanctions, which will have significant impacts on the Iranian economy. On Sunday, former head of Iran’s Chamber of Commerce Alinaqi Khamoushi announced that the US released some $8bln of Iran’s frozen assets on Sunday morning.
The first step agreement was reached in Geneva on November 24 after four days of intensive talks between representatives of Iran and the Group 5+1 (US, Britain, Russia, Franc, China and Germany).
Meanwhile, US President Barack Obama defended his administration’s Iran policy on Monday but said “huge challenges” remained to successfully implement a landmark deal on Tehran’s nuclear ambitions.
Obama has come under fierce criticism from Republican rivals at home and key allies abroad, such as Israel, for pursuing a diplomatic solution to the Iran question.
Israel decried the breakthrough agreement reached in Geneva on Sunday — under which Tehran agreed to curb its nuclear program in return for an easing of sanctions — as a “historic mistake.”
Obama, however, insisted that the US policy of diplomacy twinned with sanctions had been more productive than rhetoric, stating that “tough talk” alone would not guarantee US security.
“For the first time in a decade, we’ve halted the progress on Iran’s nuclear program,” Obama said. “Key parts of the program will be rolled back.”
Obama said diplomacy would continue over the coming months in a bit to settle “once and for all” the “threat of Iran’s nuclear program.”
“Huge challenges remain, but we cannot close the door on diplomacy, and we cannot rule out peaceful solutions to the world’s problems,” Obama said.
“We cannot commit ourselves to an endless cycle of violence, and tough talk and bluster may be the easy thing to do politically, but it’s not the right thing for our security.”
Earlier Monday, France said the European Union could begin lifting sanctions on Iran next month as world powers set about implementing the deal with Tehran while seeking to placate a furious Israel.
In a radio interview, French Foreign Minister Laurent Fabius said EU foreign ministers were to meet next month to discuss lifting some sanctions as part of the deal, a move he said could take place “in December.”
One senior Western diplomat, who refused to be named, told AFP the focus in the coming weeks would be “swift implementation”.
Israeli Prime Minister Benjamin Netanyahu on Monday decided to send his national security advisor to Washington for talks on Iran after warning the deal will convince Tehran it has a free hand to achieve a breakout nuclear capability.
Obama has repeatedly tried to reassure Netanyahu, calling him on Sunday to discuss the issue.
The Geneva deal came just days after Iran’s supreme leader described Israel as a “rabid dog” that was “doomed to collapse”.
Tehran has a long history of belligerent statements towards the Jewish state, and Israel — the Middle East’s sole if undeclared nuclear power — has repeatedly warned that a nuclear Iran would pose an existential threat.
‘Israel’s security at heart’
Speaking in Jerusalem, the EU ambassador-designate to Israel, Lars Faaborg-Andersen, told a crowd of diplomats and the country’s intelligence minister that the 28-member bloc had “Israel’s security at heart.”
The so-called P5+1 world powers that negotiated the accord with Iran — the United States, France, Britain, Russia, China and Germany — say it is a key first step that wards off the threat of military escalation in the volatile Middle East.
Under the deal, which lasts for six months while a more long-lasting solution is negotiated, Tehran will limit uranium enrichment to low levels used only for civilian energy purposes.
It will also neutralize its existing stockpile of uranium enriched to 20 percent, which is close to weapons-grade and therefore an area of top concern.
In return, the Islamic state will get some $7 billion in sanctions relief in access to frozen funds and in its petrochemical, gold and precious metals and auto sectors.
But the raft of international sanctions that have hobbled the Iranian economy remain untouched.
Fabius said that Iran committed “to giving up the prospect of a nuclear weapon” as part of the interim deal.
“As much as Iran can move forward where civilian nuclear energy is concerned, it cannot do so for the atomic weapon,” he added.
But these pacifying moves have failed to convince many Israelis, and a poll conducted by the daily Israel Hayom found more than three-quarters of Israeli Jews believe Iran will keep up its nuclear drive despite the Geneva deal.
Most Iranian newspapers on Monday hailed the Geneva deal, attributing the relatively swift success to Foreign Minister Mohammad Javad Zarif.
Zarif, who led the Iranian delegation at the talks, received a hero’s welcome when he returned home and insisted Monday that the “structure of Iran’s nuclear program was preserved.”

 
 
on epaper page 10
 
 
more in International

WASHINGTON- The combined budget for U.S. civilian and military intelligence operations has s...

WASHINGTON - After weeks of Ebola panic, false alarms and quibbles over quarantine in the Un...

 
Comments
comments powered by Disqus
 
 
NAWAIWAQT GROUP