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China Daily | Updated: 2016-01-20 08:15

Iran

$32b of assets to be unfrozen

Iran will receive $32 billion of unfrozen assets after sanctions were lifted in a deal with world powers over its nuclear program, Iranian central bank chief Valiollah Seif said on Tuesday. Seif was quoted by state television as saying $28 billion would go to the central bank and $4 billion "will be transferred to the state treasury as the share of the government". The unfreezing of assets comes after the UN atomic watchdog confirmed at the weekend that Iran had complied with measures imposed by the deal with global powers reached in Vienna in July.

IN BRIEF (Page 7)

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