Iran-US prisoner swap moves closer after assets unfrozen

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Iran-US prisoner swap moves closer after assets unfrozen
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Morad Tahbaz, a British-American conservationist of Iranian descent who was arrested in 2018, is among five prisoners who could be exchanged.

A total of 6 billion dollars of Iranian assets once frozen in South Korea is now in Qatar, a key element for a planned swap of prisoners – including a British citizen – between Tehran and the US, an Iranian official said.

The announcement by Mr Kanaani comes weeks after Iran said that five Iranian-Americans are under house arrest as part of a confidence-building move while Seoul allowed the frozen assets, held in South Korean currency, to be converted into euros. That money was then sent to Qatar, an interlocutor between Tehran and Washington in the negotiations.

The deal has opened President Joe Biden to fresh criticism from Republicans and others who say that the administration is helping boost the Iranian economy at a time when Iran poses a growing threat to US troops and Middle East allies.

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