The remainder of the revenues still goes into frozen accounts
The deal, he says "fulfills Iran's goal of lifting the international sanctions, providing access to billions of dollars from currently frozen accounts
, and setting the stage for valuable trade and investment partnerships.
The frozen accounts
included those of the Russian ambassador and permanent representatives of the Russian government to the North Atlantic Treaty Organization and the European Union in Brussels.
Under the terms of the JPOA, the P5+1 concurred that Iran would implement a short-term freeze of portions of its nuclear programme in exchange for a limited decrease in economic sanctions -- including access to frozen accounts
in western financial institutions -- while negotiations continued towards a long-term accord.
In exchange, Tehran will secure access to some $4bn in oil sales revenue from frozen accounts
The Geneva deal releases just over $4bn in Iranian oil sales revenue from frozen accounts
, and suspends restrictions on the country's trade in gold, petrochemicals, cars and plane parts, according to reports.
State buyers said payment for purchases via tenders would be made from the government's frozen accounts
abroad with waivers obtained from countries that have imposed financial sanctions.
The tenders say payment will be made from frozen accounts
with waivers obtained from countries that have imposed financial sanctions, according to documents reviewed by Reuters and confirmed by trade sources active in potential deals which will close this month.
Payments from frozen accounts
will be permitted with waivers obtained from countries that have imposed financial sanctions, said the report.
Police have conducted more than 40 searches and frozen accounts
in 12 banks, as well as seizing 8.
325/2013 is given effect in the Island and this permits the addition to any frozen accounts
of payments due under judicial, administrative or arbitral decisions rendered in a Member State or the Isle of Man, or enforceable in a Member State or the Island.
The frozen accounts
of the military plant have left some employees without a job because the orders cannot be executed as the plant is unable to buy essential supporting materials for the production.