U.S. To Pay $6 Billion To Iran For Release Of 5 American Prisoners
U.S. To Pay $6 Billion To Iran For Release Of 5 American Prisoners
View Source | August 10, 2023 1:47 pm
- Five Americans imprisoned in Iran have been placed under house arrest, a lawyer for one of the prisoners said Thursday, in the first step of a planned prisoner exchange between Tehran and Washington that will include the release of roughly $6 billion in Iranian government assets blocked under U.S. sanctions, according to multiple sources with knowledge of the matter.
- If the proposed agreement goes through, Iran will be allowed to access the funds only to buy food, medicine or other humanitarian purposes, in accordance with existing U.S. sanctions against the country. Under the agreement, Qatar’s central bank will oversee the funds.
- Republican lawmakers harshly criticized then-President Barack Obama when he made a similar agreement in 2015. The deal has been under negotiation for months, with Qatar and other governments acting as intermediaries.
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