{"id":905,"date":"2023-08-13T16:38:45","date_gmt":"2023-08-13T13:08:45","guid":{"rendered":"http:\/\/muslimpress.com\/?p=905"},"modified":"2023-08-13T16:38:45","modified_gmt":"2023-08-13T13:08:45","slug":"iran-says-unblocked-south-korea-funds-to-be-used-for-non-sanctioned-goods","status":"publish","type":"post","link":"https:\/\/muslimpress.com\/?p=905","title":{"rendered":"Iran says unblocked South Korea funds to be used for \u2018non-sanctioned goods\u2019"},"content":{"rendered":"<div class=\"entry-highlight\">\n<ul>\n<li>\n<blockquote><p>Washington said there would be restrictions on what Iran could do with any funds unfrozen<\/p><\/blockquote>\n<\/li>\n<\/ul>\n<\/div>\n<div class=\"entry-content\" data-io-article-url=\"https:\/\/www.arabnews.com\/node\/2354046\/middle-east\">\n<div id=\"div-gpt-ad-1581406606963-5\"><\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p data-gtm-vis-recent-on-screen-109681369_148=\"2775519\" data-gtm-vis-first-on-screen-109681369_148=\"2775519\" data-gtm-vis-total-visible-time-109681369_148=\"100\" data-gtm-vis-has-fired-109681369_148=\"1\">LONDON: Iran\u2019s central bank chief said on Saturday that all of Iran\u2019s frozen funds in South Korea had been unblocked and would be used for \u201cnon-sanctioned goods.\u201d<br \/>\nMohammad Reza Farzin\u2019s post on social media appeared to confirm comments a day earlier by Washington, which said there would be restrictions on what Iran could do with any funds unfrozen under an emerging deal that has led to the release of five Americans from prison to house arrest in Tehran.<br \/>\nWhite House spokesperson John Kirby said Iran could only access the funds \u201cto buy food, medicine, medical equipment that would not have a dual military use.\u201d An estimated $6 billion in Iranian assets have been held in South Korea.<br \/>\nThe five Americans will be allowed to leave Iran once the funds are unfrozen, a source familiar with the matter told Reuters.<br \/>\nFarzin wrote in a post on messaging platform X, formerly known as Twitter, that the funds would be transferred to six Iranian banks in Qatar.<br \/>\n\u201cCongratulations to the foreign exchange diplomacy team for successfully releasing seized foreign currency resources,\u201d he said in the post.<br \/>\nHe added that the costs of converting the funds from South Korea\u2019s won currency to euros would be accepted by the \u201cthird country\u201d where the money would be deposited to buy \u201cnon-sanctioned goods.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Washington said there would be restrictions on what Iran could do with any funds unfrozen LONDON: Iran\u2019s central bank chief said on Saturday that all of Iran\u2019s frozen funds in South Korea had been unblocked and would be used for \u201cnon-sanctioned goods.\u201d Mohammad Reza Farzin\u2019s post on social media appeared to confirm comments a day [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0},"categories":[370],"tags":[],"video-categories":[],"_links":{"self":[{"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/posts\/905"}],"collection":[{"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=905"}],"version-history":[{"count":1,"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/posts\/905\/revisions"}],"predecessor-version":[{"id":907,"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/posts\/905\/revisions\/907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=\/wp\/v2\/media\/906"}],"wp:attachment":[{"href":"https:\/\/muslimpress.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=905"},{"taxonomy":"video-categories","embeddable":true,"href":"https:\/\/muslimpress.com\/index.php?rest_route=%2Fwp%2Fv2%2Fvideo-categories&post=905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}