U.S. releases $450 million of frozen Iranian funds after IAEA report


  • World
  • Friday, 18 Apr 2014

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. REUTERS/Morteza Nikoubazl

WASHINGTON (Reuters) - The United States has taken steps to release a $450 million (267.9 million pounds) instalment of frozen Iranian funds following a report from the International Atomic Energy Agency (IAEA) verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.

State Department spokeswoman Marie Harf said that "all sides have kept the commitments made" under the agreement. She said that "as Iran remains in line with its commitments," the United States, France, Germany, Britain, China, Russia and the European Union "will continue to uphold our commitments as well."

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