The release of frozen funds and the lifting of oil sanctions were finalized during the Switzerland...

Qalibaf:

The release of frozen funds and the lifting of oil sanctions were finalized during the Switzerland visit

(Head of the Iranian Negotiating Delegation) :

Regarding the release of frozen funds, according to Clause 11, two separate amounts—each valued at $6 billion—were to be released. These steps had previously been completed during the visit to Qatar; however, the final signing had to take place during the Switzerland visit, which has indeed occurred.

Regarding Clause 10, the topic addresses the sale of crude oil, petrochemicals, and their derivatives, in addition to banking, insurance, and shipping and transport issues. Since the final agreement is not yet complete, the sanctions remain in place; accordingly, and under the signed agreement, the oil sanctions have been lifted until the final agreement is reached.

Another important topic was defining the framework for how to follow up on fulfilling the terms of the understanding until the end of the 60-day deadline. A conclusion was reached on this matter as well, as meetings were coordinated between the Iranian and American delegations to follow up on and implement these issues.