USALife.info / NEWS / 2023 / 08 / 11 / WHITE HOUSE: THERE WILL BE RESTRICTIONS ON ANY UNFROZEN IRANIAN FUNDS
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White House: There will be restrictions on any unfrozen Iranian funds

17:44 11.08.2023

In a significant development in the ongoing negotiations between the United States and Iran, five dual US-Iranian citizens imprisoned in Iran have been released from Evin prison and placed under house arrest. The released prisoners include Siamak Namazi, Emad Sharghi, and Morad Tahbaz, while the identities of the other two individuals remain undisclosed. The move is part of a potential prisoner swap deal between the two countries. The White House has confirmed the release of the prisoners and stated that they will remain under house arrest in a hotel in Tehran until Iran receives $6 billion of its sanctioned oil revenue, currently held in South Korea.

The transfer of funds to Iran has drawn criticism from Republicans, who argue that it could free up funds for Iran's nuclear program or to support militias in countries like Iraq, Lebanon, and Yemen. However, the White House has stressed that there will be restrictions on how the funds can be used. White House spokesperson John Kirby emphasized that the funds can only be accessed for food, medicine, and medical equipment that does not have a dual military use. He also stated that there will be a rigorous process of due diligence and standards applied, with input from the US Treasury Department.

The potential transfer of the funds from South Korea to Qatar, where Iran would be able to access them, has further fueled Republican criticism. They argue that President Joe Biden is effectively paying a ransom for the release of the US citizens. However, US Secretary of State Antony Blinken insisted that the deal does not mean that Iran will be getting any sanctions relief.

The release of the prisoners is seen as a positive step in the negotiations, but there are no guarantees about what will happen next. Negotiations for their safe return are ongoing and delicate, and the US remains committed to bringing them home. The families of the released prisoners expressed gratitude for the move but stressed the need for their loved ones to be reunited with them in the United States.

The release of the prisoners and the transfer of funds are significant developments in the US-Iran relations, particularly regarding Iran's nuclear program. The US has been seeking to revive the 2015 nuclear deal, which was abandoned by former President Donald Trump. Tensions have been high between the two countries since then, and negotiations for the resumption of the accord have so far failed. Iran has consistently denied seeking a nuclear weapon.

The release of the prisoners and the potential transfer of funds to Iran will likely remain contentious issues as the diplomatic efforts between the two countries continue. The Biden administration will face ongoing scrutiny and criticism from Republicans over its approach to Iran and the potential implications for regional stability.

/ Friday, August 11, 2023, 5:44 PM /

themes:  Joe Biden  Donald Trump  Military  Iraq

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