Iranian VP says US prisoners will remain in Iran until full transfer of frozen funds

Iran’s vice president for political affairs has said in a tweet that the US prisoners will remain in Iran until the full transfer of billions of dollars in frozen Iranian funds.

Mohammad Jamshidi added that following the unlocking of the Iranian assets in Iraq, the process of unfreezing the Islamic Republic’s funds in South Korea has also started.

The US and Iran earlier reached a deal to exchange their prisoners and under the agreement the US is also committed to unlock the Iranian assets frozen in Iraq and South Korea.

Some reports say Iran can use the funds only for humanitarian purposes, but Iran’s Foreign Ministry says the decision on how to utilize the assets lies with Tehran.

Western observers claim Iran will not have direct access to the funds and they will be deposited in a bank account in Qatar and will be used to pay for buying unbanned goods and services for Iran.

A senior advisor to the Iranian negotiating team during the JCPOA revival talks however denies this. Moahmmad Marandi said in a tweet earlier that Tehran will have direct access to its assets that were frozen by the US for several years.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Former foreign minister: Iran to change nuclear doctrine in case of existential threat

Iran is pursuing a peaceful nuclear doctrine, but in case the country comes under existential…

1 hour ago

Biden says will stop sending bombs and artillery shells to Israel if it launches major invasion of Rafah

US President Joe Biden stated for the first time Wednesday he would halt some shipments…

2 hours ago

EU member states considering jointly recognizing Palestinian state in coming weeks

Several member states of the European Union are considering to jointly recognize the state of…

2 hours ago

American support for NATO, Ukraine declining: Poll

American support is dropping for NATO and for backing Ukraine in its war against Russia,…

5 hours ago

Americans concerned US campus protests will lead to violence: Poll

More than two-thirds of Americans fear pro-Palestinian demonstrations at college campuses in the US will…

5 hours ago

Southern Gaza hospitals running out of fuel: WHO

There is enough fuel to run hospitals in southern Gaza Strip for only three more…

5 hours ago