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The United States lifted sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar, a necessary step to implement US-Iran prisoner exchange
The United States lifted sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar, a necessary step to implement US-Iran prisoner exchange was announced earlier, according to a US document seen by Reuters on Monday.
On August 10, the general terms of the agreement between the United States and Iran were announced, which will allow five American citizens detained by Iran to leave the country in exchange for the transfer of funds and release of five Iranians held in the United States.
According to a State Department document seen by Reuters, Secretary of State Antony Blinken determined that waiving sanctions was in the interests of US national security.
The document, sent to US congressional committees, marks the first time the US government has formally acknowledged that it will release five Iranians detained in the United States as part of an agreement to guarantee the freedom of five US citizens.
“To facilitate their release, the United States has committed to releasing five Iranian nationals currently detained in the United States and allowing the transfer of approximately $6 billion of Iranian funds held in closed accounts in the Republic of Korea to closed accounts in Qatar. where funds will only be available for humanitarian trade,” the statement said.
The exemption applies to certain financial institutions under the primary jurisdiction of Germany, Ireland, Qatar, South Korea and Switzerland for transactions with the National Iranian Oil Company, the Central Bank of Iran and other Iranian financial institutions subject to US sanctions. he added. (Reuters).
Source: Aristegui Noticias
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