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US, Iran reach understanding on frozen assets: source

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China

US, Iran reach understanding on frozen assets: source

2026-05-26 15:22 Last Updated At:15:37

The United States and Iran reached an understanding on the issue of Iran's frozen financial assets on Monday through Qatari mediation, according to a source in Qatar familiar with the ongoing talks between the U.S. and the Iranian senior delegation in Doha.

The two sides are "very likely" to announce an agreement on Tuesday, as the issue of frozen financial assets is crucial to Iran, said the source.

The high-level Iranian delegation, which includes Iranian Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, arrived in Doha on Monday for talks with Qatari officials on a possible peace agreement with the United States, according to Iran's semi-official Mehr News Agency.

The talks aim to advance diplomatic efforts mediated by Pakistan in recent weeks to end the "war of aggression imposed" by the United States and Israel against Iran, Mehr reported.

An official with the Qatari Foreign Ministry said that the talks focus on issues such as the Strait of Hormuz, Iran's highly enriched uranium stockpile, and frozen Iranian funds overseas. The Governor of the Central Bank of Iran Abdolnaser Hemmati was present in the delegation and responsible for discussing financial matters that might be involved in a final agreement.

Iran and the United States reached a ceasefire on April 8 after 40 days of fighting. Following the truce, they held one round of peace talks in Pakistan's Islamabad on April 11 and 12, which failed to yield an agreement.

US, Iran reach understanding on frozen assets: source

US, Iran reach understanding on frozen assets: source

China's approval of the 6GHz band trial spectrum for 6G application will promote development of the 6G technology from laboratories to real-life scenario applications, marking another step forward in next-generation telecommunications, industrial experts say.

China's Ministry of Industry and Information Technology (MIIT) officially approved the trial spectrum in the 6GHz band for 6G technology development on May 8, signifying that China has taken a step forward in next-generation telecommunications.

The approval, granted to the IMT-2030 (6G) promotion group, authorizes 6G technology trials in selected regions. The move is aimed at advancing technical research, testing and validation based on the key scenarios and performance indicators defined by the International Telecommunication Union for 6G.

According to MIIT officials, the 6G will face the development trend of technological integration and rapid evolution, such as the integration of space, air and ground, the integration of communication and intelligence, and the integration of communication and sensing. Therefore, it has put forward higher requirements for spectrum resources, such as continuous large bandwidth and wide coverage across the entire region.

"The 6GHz band is a scarce, high-bandwidth, high-quality resource in the mid-band, offering advantages such as wide coverage, large capacity and high reliability. Furthermore, this band is highly compatible with the existing 5G mid-band industry ecosystem, allowing it to fully leverage a mature global industry base, effectively reducing network deployment and construction costs in smooth transition from the 5G to the 6G," said Wang Tan, director of the frequency planning division of the radio administration bureau under the MIIT.

Following this approval, 6G technology research and development will gradually move from laboratory simulation and indoor prototype testing to real-world scenarios such as cities and industries to complete performance verification, according to MIIT officials.

"The approval is conducive to integrating the efforts of industry, academia, research and application, leading domestic industrial forces to make early arrangements for key links such as 6G chips, terminals and instruments, and accelerating the maturity of the industrial chain," Wang said.

China has commenced the second phase of 6G technical trials following the completion of the first phase from 2022 to 2025, which had yielded a reserve of over 300 key 6G technologies, and industry experts generally expect the 6G to be officially commercialized around 2030.

"In general, the 6G development roadmap and technical framework are relatively clear. According to international consensus, our standardization process will complete the first version of the 6G standards in about two years. Technical standards are generally upgraded once every 18 months. After another one to two years, we will have commercially available products," said You Xiaohu, an academician with the Chinese Academy of Sciences.

China's approval of 6G trial spectrum to accelerate real-life applications: experts

China's approval of 6G trial spectrum to accelerate real-life applications: experts

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