The Biden administration is issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions.
U.S. Secretary of State Antony Blinken speaks during a business roundtable meeting at the Government Office in Hanoi, Vietnam, Monday, Sept. 11, 2023.
Secretary of State Antony Blinken signed off on the deal late last week, but Congress was not notified of the decision until Monday, according to the notification, which was obtained by The Associated Press. The waiver means that European, Middle Eastern and Asian banks will not run afoul of U.S. sanctions in converting the money frozen in South Korea and transferring it to Qatar’s central bank, where it will be held for Iran to use for the purchase of humanitarian goods.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US makes deal with Iran to swap prisoners and release $6 billion in frozen Iranian fundsThe Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money in South Korea without fear of U.S. sanctions
Read more »
US makes deal with Iran to swap prisoners and release $6 billion in frozen Iranian fundsThe Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money in South Korea without fear of U.S. sanctions.
Read more »
US makes deal with Iran to swap prisoners and release $6 billion in frozen Iranian fundsThe Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money in South Korea without fear of U.S. sanctions.
Read more »
Chris Coons denies that Hunter Biden investigation will impact Joe Biden's reelection chancesSen. Chris Coons (D-DE) defended President Joe Biden’s reelection campaign, saying he does not think the investigation into Hunter Biden, which is expected to produce new charges soon, will have an impact on the president’s bid to stay in the Oval Office.
Read more »
Biden staff abruptly end press conference while Biden is answering questionsPresident Biden's press conference came to an abrupt end on Sunday after the president was cut off while answering a reporter's question in Vietnam.
Read more »