Arab media sources on Monday announced the upcoming visit of Oman Foreign Minister Sayyid Badr Albusaidi to Tehran.

Iran PressIran News:  "An official of a regional country-probably, the foreign minister of Oman- will pay a visit to Tehran on Tuesday to finalize the mechanism for the release of $7 billion in the foreign assets in Iran that have been blocked under the sanctions.," Alaraby Jadeed added.

$7 billion will probably be remitted to the Central Bank of Iran's account in the Central Bank of Oman.

Speaking to reporters in his weekly presser on Monday, the Spokesperson of the Iran Foreign Ministry, Saeed Khatibzadeh, was asked about the settlement of South Korea's debt to Iran.

Dismissing the media speculations about the issue, the spokesman said South Korea is in debt to 80 million Iranian people to buy oil and gas condensates.

"South Korea has not taken any effective measure to repay the debt. This is a bilateral matter and should be settled within a bilateral framework," he added.


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