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[–] 18 points 1 month ago (5 children)

🇦🇪🇮🇷 The UAE has reportedly released several billion dollars’ worth of Iranian assets frozen in UAE banks, including 2 tonnes of gold valued at approximately $283 million.

-The valuable cargo was transported to Iran aboard a Boeing 737-7KK (Reg. A6-RJA) operated by UAE-based RoyalJet.

-The aircraft flew from Abu Dhabi to Tehran’s Mehrabad Airport and Karaj’s Payam International Airport on August 11 and 12, with each flight lasting around one hour before returning to the UAE.

-On June 8, the aircraft flew from Abu Dhabi to Mehrabad, allegedly transporting $3 billion worth of gold.

@SimurghRes

https://t.me/SimurghRes/8821

I'm not particularly a fan of the statement about gold. Is this Iran's gold? If not then it was likely stolen from Sudan by the UAE. I think one thing that Iran must be careful of in regards to asset retrieval is not falling into the trap of making Iranian economic development dependent on Western or Western aligned investment.

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  • [–] 13 points 1 month ago (3 children)

    The explanation of the "dollar bill flight" I was looking for.

    Is this Iran’s gold?

    It is now. Gold is fungible. It belongs to whoever has it. Like 2% of all the gold in the world can be tracked back to an ethical origin point. Once it gets minted its history gets erased.

    I think one thing that Iran must be careful of in regards to asset retrieval is not falling into the trap of making Iranian economic development dependent on Western or Western aligned investment.

    This isn't investment, this is returning seized assets. If you have to break someone bones to get them to pay you what they owe are you going to keep doing business with them? The MoU's "$300 billion in reconstruction" was never agreed to be an "investment" by Iran. If Iran had agreed to it as an investment the MoU would have said that. That was only ever an american talking point to spin part 7 in the MoU into less of a capitulation.

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  • [–] 13 points 1 month ago (2 children)

    This is overall a positive thing, but I'm still on guard with talks of assets due to how much it ended up controlling the narrative during the MoU. Retrieving stolen assets is a good thing, but until the US is completely and utterly removed from the region, I see it as secondary to the decolinization process. I was just airing out some concerns I have about the topic.

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