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Iran ready to implement Qatar-mediated prisoner swap deal with US - official

September 14, 2023 at 8:17 pm

Iranian Foreign Minister Hossein Amir-Abdollahian holds a press conference in Beirut, Lebanon on April 28, 2023. [Houssam Shbaro – Anadolu Agency]

Iran is ready to implement a Qatar-mediated deal with the United States, its Foreign Minister said on Thursday, under which Washington and Tehran, each, would free five prisoners and $6 billion in Iranian assets held in South Korea would be released, Reuters reports.

The broad outlines of the US-Iran deal under which US citizens detained by Iran would be allowed to leave, in exchange for the transfer of the funds to banks in Qatar and the release of five Iranians held in the United States were made public on 10 August.

Foreign Minister, Hossein Amirabdollahian, in a telephone conversation with his Qatari counterpart, praised Doha’s constructive role during months of negotiations that resulted in clinching the pact, Iranian state media reported.

Qatar’s Prime Minister and Foreign Minister, Sheikh Mohammed Bin Abdulrahman Al-Thani, said the process of wiring the Islamic Republic’s unfrozen funds to Qatari banks will be completed as early as next week, Iranian media reported.

Washington has waived sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar, which will monitor how Iran’s clerical rulers will spend the funds to purchase humanitarian goods.

Iran’s Foreign Ministry spokesman said, on Monday, the deal was expected to be carried out in the coming days.

READ: US will have ability to freeze Iran funds transferred to Qatar, if needed