Iran, US, Qatar Meet in Switzerland on Lebanon Ceasefire, Frozen Assets
Iran, US, Qatar Meet on Lebanon Ceasefire, Frozen Assets

Iranian state television reported on Sunday that delegations from Iran, Qatar, and the United States were holding a meeting in Switzerland to discuss a ceasefire in Lebanon and Iran's frozen assets. The state broadcaster IRIB stated: “A tripartite meeting involving Iran, the United States and Qatar on the subjects of a comprehensive ceasefire in Lebanon and Iran’s blocked assets is currently being held at the negotiation venue.”

Ceasefire in Lebanon Top of Agenda

Iran said on Sunday that the ongoing conflict in Lebanon between Israel and militant group Hezbollah will top the agenda in talks with the United States. Foreign ministry spokesman Esmaeil Baqaei said in a video shared by IRNA state news agency: “The Zionist regime continues to violate its commitment in Lebanon, this issue will be the main topic of discussion in today’s talks.”

Tehran announced on Thursday it had signed a deal with Washington to end months of hostilities that began on February 28 following US-Israeli attacks on Iran. Under the agreement, the Israel-Hezbollah conflict in Lebanon was also due to stop. Iran’s military announced on Saturday that it has closed the Strait of Hormuz again over ongoing Israeli attacks in Lebanon, although no fresh strikes were reported after Saturday evening. Baqaei noted that since Saturday “a fragile cessation (in Lebanon) has been established.”

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Frozen Assets and Oil Sales Also Discussed

Baqaei added that Tehran would also pursue the issue of its frozen and inaccessible funds during the talks. “The issue of making available Iran’s frozen or restricted assets, as well as the discussion related to issuing the necessary licenses for the sale of Iranian oil, will also be on the agenda,” he said from Switzerland. Iran has not officially disclosed the value of its frozen assets, though media reports have estimated them at more than $100 billion, largely frozen since the 1979 Islamic Revolution that toppled the US-backed shah.

According to Baqaei, the Iranian delegation will meet the US delegation in a “quadrilateral meeting” that will also include mediators Pakistan and Qatar.

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