Iranian President Masoud Pezeshkian has said that half of Iran’s frozen assets held in Qatar will be returned to Tehran.

Pezeshkian was quoted by the semi-official Tasnim news agency as making the announcement during meetings with senior Iranian clerics in the city of Qom.

“Based on the plans made, $6 billion out of the total $12 billion of Iran’s resources in Qatar will be returned to the country, and the necessary follow-ups are also underway for the return of the remaining part of these resources,” Pezeshkian was cited as saying.

CNN has reached out to the White House for comment on the claim.

The memorandum agreed earlier this month by the US and Iran stipulated that Washington “undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation” of the agreement.

Iran has long insisted in the talks that the return of assets frozen in overseas banks must be part of the process following the signing of the memorandum.

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