Iran says its released assets abroad will be used for domestic output - ISNA


  • World
  • Wednesday, 16 Aug 2023

FILE PHOTO: Iran's and U.S.'s flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

DUBAI (Reuters) - Iran's released assets abroad will be used to enhance domestic production, President Ebrahim Raisi was quoted as saying on Wednesday by the semi-official ISNA news agency.

Last week, Iran and Washington reached an agreement whereby five U.S. citizens detained in Iran would be released while $6 billion of Iranian assets in South Korea would be unfrozen and sent to an account in Qatar that Iran could access.

U.S. officials have said Iranian funds will be put in a restricted account and used for humanitarian purposes such as buying food or medicine.

As a first step in what may be a complex set of manoeuvres, Iran allowed four detained U.S. citizens to move into house arrest from Tehran's Evin prison, a lawyer for one said. A fifth was already under home confinement.

The United States would release some Iranians from U.S. prisons as part of the deal, Iran's mission to the United Nations said.

(Reporting by Dubai Newsroom; editing by Christina Fincher)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Wind, rain make search for missing Russian helicopter with 22 aboard difficult, officials says
Far-right could win first state in two East German elections
Five Ukraine-launched drones downed in Russia's Tver region near Moscow, governor says
Pope to visit Jakarta's Istiqlal mosque in push for interfaith harmony
Thousands of Australians without power as heavy rain, damaging winds lash Tasmania
Ukraine launches drones on Moscow, other regions, Russian officials say
3 children, man found dead at house in Surrey, UK
Harris calls Trump cemetery visit disrespectful 'political stunt'
Mexico judge orders Congress not to discuss controversial judicial reform
Ukraine's Zelenskiy presses US to greenlight deeper strikes into Russia

Others Also Read