{"id":2028520,"date":"2023-09-11T19:38:01","date_gmt":"2023-09-11T23:38:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-oks-6-billion-transfer-to-iran-for-release-of-american-prisoners\/"},"modified":"2023-09-11T19:38:58","modified_gmt":"2023-09-11T23:38:58","slug":"biden-admin-oks-6-billion-transfer-to-iran-for-release-of-american-prisoners","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-oks-6-billion-transfer-to-iran-for-release-of-american-prisoners\/","title":{"rendered":"Biden Admin approves $6B transfer to Iran for American prisoners&#8217; release."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-admin-oks-6-billion-transfer-to-iran-for-release-of-american-prisoners%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2028520&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>US \u2064Waives Sanctions to \u200cTransfer $6 Billion in Iranian Funds for Prisoner Swap<\/h2>\n<div>\n<figure><figcaption>(Getty Images)<\/figcaption><\/figure>\n<\/div>\n<div>\n<p>The \u200dUnited States has\u2063 taken a significant step towards carrying out a previously announced U.S.-Iran prisoner swap by\u200c waiving \u2063sanctions to\u2064 allow the transfer of $6 billion in Iranian\u200c funds from South\u2063 Korea \u2063to Qatar, according \u200bto a U.S. document \u200bseen by Reuters \u2064on \u2063Monday.<\/p>\n<p>The broad outlines of the U.S.-Iran \u2064deal, which involves the release\u2063 of five U.S. \u2062citizens detained by Iran in exchange for the transfer of funds and the release of five Iranians held in the\u2062 United \u200bStates, were\u2063 made public on Aug. 10.<\/p>\n<p>Secretary of\u2063 State Antony \u2064Blinken, as stated in the State Department document seen by Reuters, \u200dhas determined \u2062that\u2063 waiving\u2064 the sanctions \u2064is in the\u2063 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/congressional-war-vets-warn-biden-against-shuttering-gitmo\/\" title=\"Congressional War Vets Warn Biden Against Shuttering Gitmo\">national security interests<\/a> of the United States.<\/p>\n<p>This\u2064 document,\u200d sent to U.S. congressional committees, \u2064marks the first formal acknowledgment by the \u200dU.S. government that it is releasing five\u200c Iranians detained in the United States as part of the \u200bagreement to secure the freedom of the five U.S. \u200bcitizens.<\/p>\n<blockquote>\n<p>&#8220;To facilitate their release, the United States\u2064 has \u2062committed to release five Iranian nationals currently detained in the United \u200dStates and to permit\u2064 the transfer of approximately $6 billion in Iranian\u200b funds held in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-poised-to-send-iran-6-billion-to-initiate-prisoner-exchange\/\" title=\"Biden set to provide B for Iran's prisoner swap.\">restricted \u2064accounts<\/a> in the Republic of\u2062 Korea to restricted accounts in \u200bQatar, where the funds will be \u200bavailable only for \u200bhumanitarian trade,&#8221; it said.<br \/>\n \u200d\n    <\/p>\n<\/blockquote>\n<p>The document also emphasizes that \u2062the transfer\u2063 of funds would only provide &#8220;limited benefit to Iran&#8221; since the funds \u200ccan\u200b only be \u2064used\u200c for \u2062humanitarian trade.<\/p>\n<p>&#8220;Allowing \u2062these funds to be transferred from restricted Iranian accounts held \u200bin the Republic \u2063of Korea\u2062 to accounts in Qatar for humanitarian trade \u200dis \u2062necessary to\u2063 facilitate the release of these U.S. citizens,&#8221; the document \u2062explained.<\/p>\n<p>According to eight Iranian and\u200c other sources familiar with\u2063 the\u2063 negotiations, the transfer of \u200cthe $6 billion and the prisoner exchange could take place as \u2064early as\u200d next week.<\/p>\n<p>The waiver applies to certain <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-republicans-unveil-timeline-of-biden-familys-alleged-influence-peddling-schemes\/\" title=\"House Republicans reveal timeline of alleged Biden family influence-peddling.\">financial \u200binstitutions<\/a> \u2062under the primary jurisdiction of\u200c Germany, Ireland, Qatar, South Korea, and Switzerland, allowing them to engage in \u2064transactions with the\u200b National Iranian \u2064Oil Company, the Central\u2063 Bank of Iran, and other \u2064Iranian financial \u2062institutions under U.S. sanctions.<\/p>\n<p>(Reporting By\u200d Humeyra Pamuk; writing by \u200dArshad Mohammed; \u2063editing by Jonathan Oatis, \u2063Sandra Maler,\u2064 and Deepa Babington)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US waived sanctions for a $6 billion transfer of Iranian funds from South Korea to Qatar, enabling a planned US-Iran prisoner swap. A US document revealed this development, shedding light on the overall agreement between the two nations.<\/p>\n","protected":false},"author":66,"featured_media":2028521,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2028520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2028520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2028520"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2028520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2028521"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2028520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2028520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2028520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}