The Iranian Revolutionary Guard Corps and the Unfrozen Assets

Trita Parsi, Executive Vice President of the Quincy Institute for Responsible Statecraft, discusses reported negotiations between the U.S. and Iran to agree to an unwritten deal. The JCPOA, or Iran nuclear deal, which was a legacy of the Obama administration, seems to be a thing of the past; yet de-escalation and an agreement on a smaller range of issues would be advantageous to both the U.S. and Iranian administrations. As in the case of Saudi-Iranian rapprochement, the role of China, Oman, and Iraq in facilitating these discussions is politically noteworthy. While the U.S. and Iran are nowhere near signing a comprehensive written deal which could be legally enforced and regulated internationally, a more limited unwritten deal would unfreeze at least 7 billion US dollars’ worth of Iranian assets, which would go towards purchasing food and medicine for Iranians.