Iran secures release of over $10bn of blocked funds: source
Iran has reportedly managed to secure the release of more than 10 billion worth of funds that have been illegally blocked in South Korea and Iraq for several years because oof US sanctions.
MEHR: Iran has reportedly managed to secure the release of more than 10 billion worth of funds that have been illegally blocked in South Korea and Iraq for several years because oof US sanctions.
A source has told official IRNA news agency that the release of the funds under the deal include $6 billion worth of assets blocked in South Korea as well as a “significant amount of Iranian funds held in the Trade Bank of Iraq”.
The source made the statement on Thursday after media reports said Iran and the US had reached a prisoner swap deal that also included the release of Iranian funds held in South Korea.
"For months, Islamic Republic of Iran has started indirect talks for the exchange of prisoners between #Iran
