Iran: The “money for prisoners” deal will be completed soon

Iranian Foreign Ministry spokesman Nasser Kanaani announced that his country hopes to end the transfer of six billion dollars frozen in South Korea in the coming days, within the framework of the agreement concluded with the United States last August. In exchange for the release of prisoners.

Kanaani said in a press conference today (Monday): We hope that the transfer will be completed in the coming days, and that the country will be able to fully access its assets. He expressed his optimism that the prisoner exchange would take place soon, as he put it.

Kanaani said: His country can buy “any good that is not subject to US sanctions,” and “fully use those released funds” and not just to buy medicines.

It is noteworthy that the “Money for Prisoners” deal aims to transfer $6 billion in frozen assets in South Korea to a special account in Qatar, so that the Iranian authorities can then use them to purchase humanitarian purchases only, such as food and medicine.

This deal was announced on August 10, 2023, as part of a Qatari-brokered agreement between Tehran and Washington to release American prisoners detained in Iran, and Iranians detained in the United States.

As part of the deal, Iran transferred five Americans from prison to house arrest in a guarded hotel before their potential transfer to Qatar for release.

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