|Iran confirms $8b of blocked assets released after nuclear deal||
TEHRAN – Iranian Government Spokesman Mohammad-Baqer Nobakht has confirmed news about releasing $8 billion of its blocked assets by the U.S. after Iran and the six major powers reached a deal on Iran’s nuclear program on Sunday.
The recent nuclear deal will have a great positive effect on the Iranian economy, IRNA quoted Nobakht as saying on Monday.
The former chairman of Iran's Chamber of Commerce, Industries, and Mines, Alinaqi Khamoushi, announced on Sunday that the U.S. has released $8 billion of Iran's frozen assets.
He said the nuclear agreement reached between Iran and the P5+1 group -- Britain, China, France, Russia and the U.S. plus Germany - in Geneva Sunday morning, was an opening up of Iran's economic relations with the world.
According to the deal, Tehran will offer some concessions in exchange for limited relief from the sanctions imposed on the country.
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