CBI Governor: Iran Resolved to Release Frozen Assets Abroad; $15bln due to be released.

CBI Governor: Iran Resolved to Release Frozen Assets Abroad; $15bln due to be released.(Fars).

Governor of the Central Bank of Iran (CBI) Valiollah Seif said that the CBI plans to establish a task force to follow up the release of Iran's frozen assets in the foreign countries.

Speaking on Monday, Seif said that the CBI intends to establish a task force over the course of next week to pursue the issue.

Seif made the remarks when asked whether any of Iran’s frozen assets have been released following the nuclear deal between Tehran and the five permanent UN Security Council members - Britain, China, France, Russia and the US - plus Germany.

On Saturday, Iranian Deputy Foreign Minister for Legal and International Affairs Seyed Abbas Araqchi said after the implementation of the recently inked nuclear deal between Tehran and the six major world powers in Geneva, the country will access approximately $15bln in oil revenues.

Araqchi said Geneva deal will be implemented as of late December 2013 or early January 2014.

He added that of the $15bln nearly $10bln, which was previously used to purchase foodstuff and medication, will be accessible with the implementation of the agreement.

According to Araqchi, another $4.6bln, which will be deposited into the Central Bank of Iran, will be accessible too.

Iran and the G5+1(the US, Britain, France, Russia, and China plus Germany) reached a final deal on November 24 in Geneva after days of hard work and intensive negotiations.

After endorsing the agreement with the world powers, Iranian Foreign Minister Mohammad Javad Zarif underlined that the six world powers have recognized Iran’s enrichment program.

As part of the deal, in exchange for Iran’s confidence-building bid to limit certain aspects of its nuclear activities, the six world powers agreed to lift some of the existing sanctions against Tehran.