Khaberni - The UAE denied reports that it had released Iranian financial amounts, including what it called "claims related to $3 billion," stating that these claims are "untrue and not based on any facts."
The UAE Foreign Ministry stressed in a statement that no frozen Iranian funds were released or transferred through the country, urging the media to ensure accuracy and gather information from its official sources.
Reuters had reported - citing two regional sources - that the UAE agreed to release frozen Iranian assets totaling $10 billion, more than $3 billion of which has already been transferred, during meetings between officials from the two countries.
Reuters mentioned that talks between the UAE and Iran began several weeks ago but accelerated after Iranian officials visited Abu Dhabi last week and met Sheikh Tahnoon bin Zayed Al Nahyan, before Emirati officials headed to Tehran to negotiate the technical details of the mechanism.
The agency added that a first batch worth $3 billion was already made available to Iran, while a source clarified that the release of Iranian assets provides a way out that helps resolve the conflict between the United States and Iran, without either side crossing their red lines, according to Reuters.
According to the agency, an Emirati official said that his country seeks to calm tensions and promote peace, confirming that the UAE's foreign policy is guided by de-escalation and reducing tensions in the region, and supporting efforts to protect the peoples of the region from the consequences of conflicts.
The source - according to Reuters - added that Iran will stop attacks on the UAE, and bilateral relations between the two sides will be rebuilt, including the exchange of intelligence information and economic cooperation, in exchange for the release of Iranian assets. The source noted that Iran had also reached out to at least two other Gulf states in an attempt to reach similar arrangements.
