Iran Update, June 23, 2023
Jun 23, 2023 - ISW PressThe 20th round of Astana talks, which aim to end the Syria conflict, concluded in Astana, Kazakhstan on June 21 without an agreement. Iran and Syria messaged ahead of the forum that their positions are aligned for quadripartite talks, possibly signaling that Iran will back the Assad regime’s demand for Turkey’s complete withdrawal from Syria as a precondition for future Astana talks.
The Iranian rial has appreciated approximately ten percent since May 1, likely in part due to the Raisi administration’s economic diplomacy efforts. The Raisi administration’s economic diplomacy combined with ongoing nuclear talks may have generated confidence in the future of the Iranian economy, consequently increasing the value of the rial.