Friday, September 15, 2023
Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines, 15 SEPT
Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines
CBI: The Central Bank and the US Treasury are discussing implementing international compliance instructions in the banking system, 15 SEPT
The Central Bank and the US Treasury are discussing implementing international compliance instructions in the banking system
Coffee with MarkZ and Mr. Cottrell 09/15/2023
"RV UPDATE" BY MARKZ, 15 SEPT
MarkZ
[via PDK]Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled.
“US Treasury discusses with CBI foreign trade in three currencies other than the dollar”
This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things…They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. …I am hearing out of Iraq…That they are finalizing that rate change…I still believe everything is in place and they just need to flip a switch.
Question: Do you think it will RV before the 20th.
MarkZ Answer: My gut says around the 20th…but sources say they believe it will be sooner. Getting all positive news – nothing negative.
Comment: We are fixin to be blessed.
MarkZ: I agree with you. Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
US Says Iran's Blocked Funds To Be Transferred To Qatar 'in Coming Days' , 15 SEPT
US Says Iran's Blocked Funds To Be Transferred To Qatar 'in Coming Days' - Iran Front Page (9/14/23)
US State Department spokesperson Matthew Miller has stated that Iran's frozen assets will expectedly be transferred to the "final destination" in Qatar in the "coming days or so".
Speaking at a press briefing on Wednesday, Miller did not give the exact details of the transactions and just said that “they move from South Korea, through banks in Europe, ultimately to these end accounts in Qatar.”
In response to a question about the amount of the assets that Iran had now access to and could spend, which had been held in India, Turkey, Japan and South Korea, he said the US does not have “perfect” visibility into the accounts and how they were being used.
The spokesman, however, explained that Washington does have information to conclude that they were “spent down by billions of dollars, in some cases all the way to zero.”
Meanwhile, he stated Washington has complete visibility into the accounts in Qatar and is able to “lock them down” if it sees that Iran is attempting to take actions that are in violation of the agreement between the two sides and breach the US sanctions.
“I’m not going to get into what the exact technical details are, but we have the full agreement to stop their access to this account going forward,” he added.
On Monday, President Joe Biden’s administration issued a blanket waiver for international banks to transfer $6 billion in frozen Iranian assets from South Korea to Qatar with no concern about Washington’s sanctions.
In an exclusive interview with the American broadcast television network NBC on Tuesday, Iranian President Ebrahim Raisi stressed Tehran’s full authority on its recently-released assets, saying it is the Islamic Republic that decides how to spend the funds and that the money will be spent “wherever we need it.”
He added, “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money.”
https://ifpnews.com/us-iran-blocked-funds-transferred-qatar-coming-days/
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