Iran to release five Americans, if $6 billion transferred to Qatar

Iran is set to release five American citizens who have been detained in its prisons, marking a significant development facilitated by the mediation of Qatar. Among those who will soon regain their freedom is Siamak Namazi, a dual US-Iranian national.

This imminent release hinges on the successful transfer of $6 billion in Iranian assets, previously held in South Korea, to banks located in Doha, Qatar. This arrangement was forged as a result of extensive negotiations that unfolded over the past year.

Concurrently, five Iranian individuals incarcerated in US correctional facilities, primarily on charges related to violating US sanctions, will also be granted their freedom.

For the American detainees, who have endured confinement in Iran’s infamous Evin prison, the promise of liberation has been made repeatedly in the past. However, it appears that today will indeed mark the culmination of their long-awaited release.

The individuals slated for freedom reportedly include Siamak Namazi, aged 51, businessman Emad Shargi, aged 59, and environmentalist Morad Tahbaz, aged 67, who also holds British citizenship.

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President Biden has faced persistent calls to secure the return of these Americans, who have been perceived as pawns in Iran’s diplomatic maneuvers.

From Iran’s perspective, this agreement allows the release of funds derived from the sale of oil to South Korea. It should be noted that the funds, now situated in Qatari banks, are earmarked exclusively for third-party purchases of essential commodities such as food and medicine.

It is important to acknowledge that this exchange is a multifaceted and contentious undertaking. Critics, including prominent US Republicans and Iranian activists, argue that it may inadvertently encourage further instances of hostage-taking. Nevertheless, for the prisoners and their families, this day promises immense relief and jubilation.