Iran says $7 billion unfreezing awaits after releasing Americans – Times of India

Tehran: Iran After allowing an Iranian-American to leave the country and releasing his son from detention, state media said on Sunday, is awaiting the release of nearly $7 billion accumulated abroad.
Bakar Namazi, 85, was allowed to leave Iran for treatment, and his son siamaki50, was released from detention in Tehran, United Nations Said on Saturday.
“With the finalization of talks between Iran and the United States to release prisoners from both countries, Iran’s $7 billion in blocked resources will be released,” the state news agency said. IRNA: Told.
Several countries – notably China, South Korea and Japan – have pooled billions of dollars in Iranian funds since the US imposed sanctions on the Islamic republic in 2018 after unilaterally withdrew from Tehran’s nuclear deal with world powers.
Tehran has accused Seoul of holding its $7 billion fund “hostage”, repeatedly calling on South Korean officials to release it.
IRNA said on Sunday that “Washington is simultaneously pursuing the release of its citizens detained in Tehran and the release of Iranian funds in South Korea”.
The development comes as on-and-off talks have been underway since April 2021 to revive the 2015 deal, which gave Iran much-needed sanctions relief in return for sanctions on its nuclear program.
Iran has repeatedly called for the lifting of sanctions, as well as guarantees that the United States will never again pull out of a revived deal.
bakar prayer is a former UNICEF The officer, who was detained in February 2016 when he went to Iran to press for the release of his son Siamak, was arrested in October last year.
Both were convicted of espionage in October 2016 and sentenced to 10 years in prison.
The father was released on medical leave in 2018 and was serving his sentence under house arrest.