Prisoner exchange and frozen assets between America and Iran

Prisoner exchange and frozen assets between America and Iran

Local Iranian media said that a country in the area had mediated between Iran and the United States for the “simultaneous release of inmates” shortly after Tehran granted an Iranian-American businessman a week’s leave from prison.
According to the “Iranian Nour News Agency” on Saturday, the report also stated that in-depth negotiations for the release of Iranian and American inmates took conducted in recent weeks with the mediation of a regional nation.

Moreover, according to the unofficial source, US sanctions-related freezes on Iranian assets worth billions of dollars will soon be lifted.
These developments came after lengthy negotiations between the two sides to find a compromise on an unusual prisoner exchange that had been ongoing since late April.
The 2015 nuclear agreement between Iran and the United States and other major powers was attempted to be revived during those indirect negotiations, which took place through mediators in Vienna.

According to the information, 16 Iranians have been detained in the US or have been freed prior to trial for crimes that have been established to be federal offences, most of which are connected to the protracted US-Iranian hostilities.
Four Iranian-Americans with dual nationalities, on the other hand, are being detained in Iran or are being prevented from leaving the country due to purported security offences, which the US claims were made up so that Tehran could use the Americans as a negotiating chip.

It is interesting to note that a number of sources have stated that Iran has billions of dollars locked outside of its borders as a result of US sanctions. These funds are dispersed around several other nations, including China, India, South Korea, Iraq, and Japan.
Tehran started moving to release these assets months ago, especially now that it is experiencing a historic devaluation of its currency and a total economic embargo due to US sanctions.

As the price of the dollar was in the Iranian open market, Tehran is also suffering from a lack of foreign currency.

Iran and America have blocked assets and exchanged prisoners.

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