Iran announces agreement to restore Saudi relations

MEES reported Société Générale arranging a $2.2 billion loan for Iran’s petrochemical sector. An arranged credit facility should not be read as proof that the full sum was disbursed.

Resolution 685 continued UNIIMOG’s mandate to monitor the ceasefire and withdrawal. Iran’s border security remained subject to international observation.

A British parliamentary answer outlined short-term export credit cover for Iran subject to specified terms. Medium-term cover remained conditional.

The UN observer mission ended after withdrawal to recognized boundaries. Its closure ended a key mechanism for supervising Iran and Iraq’s ceasefire.

The United States filed preliminary objections. These challenged the Court’s ability to hear Iran’s case.

The Court set a deadline for Iran’s written response to the preliminary objections.

The Secretary-General informed the Council that a team led by Abdulrahim Abby Farah would study war damage and reconstruction in Iran. The mission implemented paragraph 7 of Resolution 598.

Finance Minister Mohsen Nourbakhsh described negotiations for foreign credits to support investment. The reported target did not mean that all proposed financing had already been secured.

Farah’s team began an exploratory visit to Iran lasting until 21 June. It gathered information on war damage, inspected affected installations and examined ongoing reconstruction efforts.

UN experts inspected the housing around Khorramshahr’s Customs area and found it heavily damaged beyond rehabilitation. Rebuilding homes remained a condition for restoring civilian life near the port.