Iran Claims War Compensation is a Topic in Iran-U.S. Negotiations, with Losses Reaching $270 Billion

Source: Global Times
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Xinhua News Agency, Tehran, April 14 - According to a report from the Islamic Republic News Agency on the 14th, Iranian government spokesman Mohajerani stated that the issue of war reparations is one of the topics in the negotiations between Iran and the United States, as well as in the related discussions held in Islamabad, with preliminary estimates indicating that Iran's losses amount to $270 billion.

Mohajerani said that the current preliminary and relatively rough estimates show that the scale of the related losses has reached $270 billion. The Iranian government's economic department will conduct a more precise assessment of the related losses through a multi-stage evaluation process. The assessment work will first focus on the damage to buildings, followed by an analysis of the loss of fiscal revenue and the impact of industrial shutdowns.

Classification
Region
West Asia
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Size
Not applicable
Activity
Iran discusses war compensation with the United States as part of negotiations
Location
Tehran · Iran
Unit
Iranian Government
Time
April 14, 2023
Equipment
-
Summary

Iran's government spokesperson announced that war compensation is a topic in negotiations with the United States. The estimated losses for Iran due to the war are approximately $270 billion. A multi-phase assessment will be conducted to evaluate damages, starting with building damage and followed by financial and industrial impacts.

Key Facts
  • Iran's government spokesperson stated that war compensation is a topic in negotiations with the U.S.
  • Estimated losses for Iran due to the war are around $270 billion.
  • The Iranian government will conduct a multi-phase assessment of the damages.
  • The assessment will first focus on building damage, followed by financial losses and industrial impacts.