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HomeWorld$6 billion in Iranian property as soon as frozen in South Korea...

$6 billion in Iranian property as soon as frozen in South Korea now in Qatar, key for prisoner swap with US

Iranian International Ministry, International Ministry spokesperson Nasser Kanaani. AP File

Some $6 billion of Iranian property as soon as frozen in South Korea is in Qatar, a key aspect for a deliberate prisoner swap between Tehran and america, an Iranian official stated Monday.

Nasser Kanaani made the remark throughout a information convention aired on state tv, however the feed lower instantly after his remarks with out rationalization.

“The issue of swap of prisoners will be done on this day and five prisoners, citizens of the Islamic Republic, will be released from the prisons in the US,” Kanaani stated. “Five imprisoned citizens who were in Iran will be given to the US side reciprocally, based on their will. We expect these two issues fully take place based on agreement.”

He stated two of the Iranian prisoners will keep within the US.

Iranian information companies instantly afterwards reported, quoting Kanaani, that the prisoner swap could be finished on Monday. There was no different info instantly launched by the companies and US officers didn’t acknowledge the feedback.

The announcement by Kanaani comes weeks after Iran stated that 5 Iranian-People at the moment are underneath home arrest as a part of a confidence-building transfer whereas Seoul allowed the frozen property, held in South Korean received, to be transformed into euros. That cash was then despatched to Qatar, an interlocutor between Tehran and Washington within the negotiations.

The deliberate swap has unfolded amid a significant American navy buildup within the Persian Gulf, with the opportunity of US troops boarding and guarding industrial ships within the Strait of Hormuz, via which 20% of all oil shipments go.

The deal has additionally already opened President Joe Biden to recent criticism from Republicans and others who say that the administration helps increase the Iranian economic system at a time when Iran poses a rising risk to US troops and Mideast allies. That would carry over into his reelection marketing campaign as effectively.

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