Following the lifting of economic sanctions on Iran last week, the country's central bank on Tuesday announced it would retrieve financial assets that had been frozen in foreign banks as a result of the sanctions.
Mariam Aghai of the Iranian Central Bank's foreign affair's office told Anadolu Agency by phone that the bank planned to retrieve some $32 billion worth of financial assets that had been frozen for decades.
"We don't have information as to when exactly we will retrieve the assets," Aghai said.
In a related development, Iranian President Hassan Rouhani announced on Sunday that "the door is now open" to foreign investment in Iran, including investment by U.S. firms.
The U.S. and the EU lifted longstanding economic sanctions on Iran following an announcement on Saturday by the International Atomic Energy Agency (IAEA) that Tehran had complied with the terms of a landmark nuclear deal signed last summer.
According to IAEA Director-General Yukiya Amano, Iran has completed the necessary steps to begin implementation of the agreement, known as the Joint Comprehensive Plan of Action (JCPOA).
The P5+1 grouping, which includes the five permanent members of the UN Security Council plus Germany and the EU, signed the deal -- which calls for Iran to limit its nuclear activities in exchange for sanctions relief -- in July of last year.
The agreement formally came into effect last October.
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