Publish date20 Apr 2015 - 9:34
Story Code : 189209

Iran to get $50bn once final deal signed

As Iran and the P5+1 are moving toward a final agreement over the country’s nuclear energy program, speculations are rising in the media over the immediate benefits for Tehran.
Iran to get $50bn once final deal signed

The Wall Street Journal has emphasized in a report that there will be an immediate windfall for Tehran of between $30 billion and $50 billion from access to frozen offshore accounts. 

This, the Journal said, is based on comments made to reporters by White House sources. 
It had earlier said Iran has between $100 billion and $140 billion of its oil revenue frozen in offshore accounts as a result of sanctions.

The Journal had further quoted US officials as saying that they expect Tehran to gain access to these funds in phases as part of a final deal.
/SR
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