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Strict Standards for Release of Iranian Funds in Prisoner Exchange Deal, says White House

The White House has said strict standards will apply to any Iranian funds it releases under a prisoner exchange deal with Iran.

White House National Security Council (NSC) Strategic Communications Coordinator John Kirby told reporters on the 11th that the United States will have “full visibility” into what Iran is using its money for.

“Basically, those funds can only be used to purchase food, medicine and medical equipment with no potential for military diversion,” Kirby said.

He also said strict standards and processes at the Treasury level would be applied.

Regarding the agreement to lift the Iranian frozen fund in Korea, Kirby said, “We have worked extensively with the Korean government on this issue, and there are no obstacles to remittance from the Korean government.”

Iran announced on the 10th that it had concluded a deal with the US government to exchange five prisoners and agreed to lift the frozen funds in Korea.

It is known that about $6 billion of Iranian funds are frozen in two banks in Korea.

Meanwhile, Coordinator Kirby said there are currently no negotiations with Iran on a nuclear program.

Regarding the Wall Street Journal report on the 11th that Iran has significantly slowed down the rate of uranium enrichment, Kirby said that he could not confirm it, but “if Iran slows down in any form, it would be welcome.”

VOA News

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2023-08-12 15:26:02

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