Iran says billions of dollars released by the US will be used for ‘authorized goods’
White House spokesman John Kirby said Iran could only get the money “to buy food and medical equipment.”
Thursday, August 10, families and Washington announced the transfer of five Americans held in Iran from their prison to house arrest, in the first step in a fragile agreement that could lead to the unfreezing of billions of dollars for Tehran.
The next step in the deal, according to a source familiar with the negotiations, may be the transfer of $6 billion of Iranian funds frozen in South Korea to a special account in Qatar. Iran can use it for humanitarian purchases such as food and medicine. Iran’s central bank chief Mohammad Reza Farzin said on Saturday that all Iranian funds frozen in South Korea have been released and will be used for “permitted goods.”
Mohammad Reza Farzin’s social media post appeared to confirm comments circulated the day before from Washington, which said there would be limits on what Iran could do with the money released under the emerging deal that led to five Americans being released from prison into residence. Al-Jabriyyah in Tehran. .
White House spokesman John Kirby said Iran could only obtain the funds “to purchase food, medicine, and medical equipment that will not have a dual military use.” Iranian assets are estimated at about $6 billion in South Korea.
The five Americans will be allowed to leave Iran once the funds are released.
Farzin wrote in a post on Platform X, formerly known as Twitter, that the money will be transferred to six Iranian banks in Qatar.
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