Iran Accepts Third-Country Uranium Transfer, But US Refuses to Unfreeze Billions in Assets

Iran has reportedly informed Pakistan that it is willing to transfer part of its enriched uranium stockpile to a mutually agreed third country, marking a potentially significant development in ongoing diplomatic efforts surrounding its nuclear program. The reported move comes as regional powers continue searching for ways to reduce tensions between Tehran and Washington.

The issue was discussed during a meeting in Bishkek between Pakistani Interior Minister Mohsin Naqvi and Iranian Interior Minister Eskandar Momeni on June 5. Both officials reviewed regional security concerns, de escalation efforts and broader stability challenges during the Shanghai Cooperation Organization gathering.

According to reports, Tehran’s willingness to move part of its uranium stockpile abroad could be viewed as a confidence building measure in future negotiations. However, major differences remain unresolved between the two sides.

Frozen Funds Remain a Key Obstacle

Despite Iran’s reported flexibility on uranium transfers, the United States has not agreed to Tehran’s demand for the release of frozen Iranian funds. The issue remains one of the most significant obstacles to broader progress in negotiations.

US Secretary of State Marco Rubio recently stated that Iran has shown greater openness to discussing parts of its nuclear program that were previously considered off-limits. However, Tehran has also announced a suspension of peace talks and reiterated plans related to the Strait of Hormuz, highlighting the fragile state of current diplomacy.