US EditionUS makes deal with Iran to swap prisoners and release $6 billion in frozen Iranian funds
- The US has issued a sanctions waiver allowing the transfer of $6bn of frozen Iranian funds from South Korea to Qatar, which will pave the way for the release of five Americans held in Iran. This money can only be used for humanitarian trade, providing limited benefit to Iran.
- Secretary of State Antony Blinken confirmed that as part of the prisoner exchange deal, five Iranians detained in the US will be freed. However, this move has been criticized by a senator who accused President Joe Biden of paying a "ransom" to Iran.
- In exchange for the release of the five American prisoners, Iran has identified the five prisoners it hopes to see freed in the United States, and there are ongoing discussions regarding the unfreezing of Iranian assets held in South Korea. The progress of the prisoner swap indicates the conversion of the frozen South Korean funds into euros for humanitarian use by Iran.
176 Articles
176 Articles
US to unfreeze $6 billion Iran assets in exchange for prisoner release
The US State Department informed Congress on Monday that it would be waiving sanctions and unfreezing $6 billion in Iranian assets at banking institutions to be used for “humanitarian aid” in exchange for five US citizens held as prisoners in Iran. The exchange has allegedly been in the works for some time, with talks beginning as early as 2017. Neither Congress nor the State Department have released the text of the sanctions waiver signed by Se…
US moves to advance prisoner swap deal with Iran and release $6 billion in frozen Iranian funds
The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money in South Korea without fear of U.S. sanctions.
US to advance prisoner swap deal with Iran, release $6B in frozen Iranian funds
WASHINGTON (AP) — The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. In addition, as part of the deal, the administration has agreed to release five Iranian citizens held in the United States.
Iran identifies 5 prisoners it wants from U.S. in swap for Iranian-Americans and billions in assets
Iran on Tuesday identified the five prisoners it hopes to see freed in the United States in exchange for five Iranian-Americans now held in Tehran and billions in assets once held by South Korea.
Coverage Details
Bias Distribution
- 57% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
