This is just the beginning. This money will prop up the Islamic Republic, which is so widely hated in Iran that it might otherwise have fallen, and enable the mullahs to step up their financing of jihad terror groups, as well as Leftist groups, worldwide. What could possibly go wrong? Good thing Trump isn’t still around tweeting mean things, right?
“Iran says US approved release of $3 bln of Iran’s funds in Iraq, Oman, S. Korea,” by Yaghoub Fazeli, Al Arabiya, March 7, 2021:
The United States has agreed to the release of $3 billion in Iranian funds that have been frozen in Iraq, Oman and South Korea due to Washington’s sanctions, Iranian trade official Hamid Hosseini told the semi-official Fars news agency on Sunday.
Hosseini, board member of the Iran-Iraq Joint Chamber of Commerce, had tweeted on Friday that Washington approved the release of frozen Iranian assets at the Trade Bank of Iraq, without mentioning the value of the assets.
Hosseini on Sunday confirmed that the US agreed to the release of $3 billion in Iranian frozen assets in the three countries.
US sanctions imposed by former President Donald Trump have prevented Iran from accessing tens of billions of its assets in foreign banks.
Iranian frozen assets in Iraq amount to more than $6 billion, according to Iranian officials.
The head of the Iran-South Korea Chamber of Commerce said in October Iranian frozen funds in South Korea are worth $8.5 billion and added that their release depended on the outcome of the US presidential election.
Iranian officials have not commented on the value of Iran’s frozen assets in Oman.
Iran’s economy has been hit hard since 2018 when Trump withdrew from the 2015 nuclear deal between Tehran and world powers and reimposed sweeping sanctions on the country.
Iran’s chances of gaining access to billions of dollars of its frozen assets abroad have risen significantly since Trump, who pursued a policy of “maximum pressure” against Tehran, left the White House….
Last month, South Korea said it reached an agreement with Iran over the release of Tehran’s frozen funds in its banks but signalled that the agreement was effectively subject to US approval.
CogitoErgoSum says
I see Old Joe’s dogs were removed from the White House for a “biting incident.” He likes things that bite others.
toomanyhobbies says
Again WHAT COULD POSSIBLY GO WRONG!!!
Mike says
I don’t think so
albertayyc says
This action absolutely proves that Joe is crazy. Why would he do this?
Perhaps Barak Obama is coaching him, and Obama is rumored to be a closet Muslim. Is that right?
Clifford Fodor says
Joe Biden is often called the third term of Barak Obama.
Westman says
Handlers is likely the correct desgnation of the real policy makers. The image that comes to mind is, Muppet with a text reader, a sound chip, and a robotic arm to sign papers. Still waiting for that Presidential news conference…..
Walter Sieruk says
This was all very obvious and foreseeable , even before disingenuous Joe Biden took his inauguration oath on January 20, 2021. For with Biden has entered the white House and is sitting in the chair of the President, in spite that unconscionable election fraud scheme, that mullah president of Iran to act in appeasement to fulfill all Rouhani wants for this Islamic Shiite agenda will easily control Biden.
This is because the ignorant, feeble- minded and weak will be no match for the clever sly and manipulating mullah, Rouhani . For his will use Biden as his useful idiot In other words, Biden will play the stooge and tools for the achievement of all of this short and long term aggressive jihadist goal.
Second, before the November election I had keyboard that “Joe Biden doesn’t belong in the White House, he belongs in a senior citizens retirement community designed for assisted living. ”First, since Joe Biden has entered the white House and is sitting in the chair of the President, in spite that unconscionable election fraud scheme, that mullah president of Iran to act in appeasement to fulfill all Rouhani wants for this Islamic Shiite agenda will easily control Biden.
This is because the ignorant, feeble- minded and weak will be no match for the clever sly and manipulating mullah, Rouhani . For his will use Biden as his useful idiot In other words, Biden will play the stooge and tools for the achievement of all of this short and long term aggressive jihadist goal.
Walter Sieruk says
There are three terrible plagues inflected upon America , and the world
The first is Islam with its stealth and violent jihad. The second is the coronavirus . The third is Joe Biden.
Walter Sieruk says
That despicable Biden /Harris team is the epitome of the personification and embodiment of the Red/Green Alliance, with all its evil and madness.
Walter Sieruk says
The insidious evilss of Biden and his crew have no limits. To hell with them
gravenimage says
Iran says Biden’s handlers approve release of $3 billion in Iranian funds frozen in Iraq, Oman, and South Korea
………………….
What’s more important than our funding the bloody Mullahs? Just madness…
Oren says
There really isn’t much of a point in discussing sanctions against iran, considering that they will be weaker under Biden, and the Chinese have signed A $400 billion dollar trade deal with iran. In G-d I trust
Sad that I had to hear about this 3 billion on jihad watch, and not on the Israeli media.