Iran’s deputy foreign minister and chief of the technical negotiating team, Kazem Gharibabadi, has announced the successful conclusion of four-country technical talks and the finalization of arrangements for the next phase of high-level negotiations.

Axar.az informs, citing Press TV, speaking after the conclusion of the talks on Monday, Gharibabadi stated that the high-level follow-up committee meeting on the implementation of the Islamabad memorandum of understanding (MoU), held on Sunday and continuing into the early hours of Monday, was followed by detailed technical discussions.

These talks focused on establishing the executive mechanisms for the MoU and the final statement issued at the end of the high-level session, resulting in necessary agreements on all fronts.

“Based on the understandings reached, the upcoming negotiations will take place under the supervision of the high-level committee, with the participation of the speaker of the Majlis, the foreign minister of the Islamic Republic of Iran, the vice president of the United States, and the prime ministers of Pakistan and Qatar,” Gharibabadi said.

He added that four specialized working groups have been established: the Sanctions Termination Working Group, the Nuclear Working Group, the Reconstruction and Economic Development Working Group, and the Monitoring and Implementation Working Group.

In line with the commitments outlined in the high-level committee understandings and the final statement of the overnight talks, the parties also agreed to set up a dedicated contact point among the member states of the memorandum of understanding to ensure the safe and secure passage of commercial vessels through the strategic Strait of Hormuz.

Additionally, a de-escalation and conflict-prevention unit has been established for Lebanon, involving the member countries along with Pakistan and Qatar.

The heads of the technical delegations from the four countries will oversee the work of these groups and units, provide guidance, and report directly to the high-level committee.

Gharibabadi further highlighted concrete economic gains secured during the technical phase.

He noted that Iran’s persistent efforts led to the issuance of a general license by the US side for the sale of Iranian crude oil, petrochemical products, petroleum derivatives, and all related services.

This license has been officially published on the OFAC website.

Moreover, the signed understandings regarding the release of $12 billion in blocked Iranian assets, in two installments of $6 billion each, have been agreed to move immediately into the implementation stage.