Thursday, February 25, 2021

With Biden's Blessing, South Korea to Partially Unlock $9 Billion in Iran Assets

The South Korean government has agreed to unlock part of about $9 billion in frozen Iranian assets that were formerly unavailable because of U.S. sanctions on Iran.

I'm sure the unblocking of the assets had nothing to do with Iran taking its ship and people hostage.

According to Iran's government website, the agreement was reached Monday during the meeting between Iran's Central Bank Gov. Abdolnaser Hemmati and South Korean Ambassador to Iran Ryu Jeong-hyun.

"Although Iran welcomes the change in the approach of countries and increase in cooperation, the legal pursuits of this bank to claim damages due to non-cooperation of Korean banks in recent years will remain strong," Iran said.

Iran uses piracy and hostage-taking as if they were a normal part of international relations.

The ultimate question is what will the U.S. get in return for allowing the cash transfer? On Monday, Iran gave a partial answer when they threatened to up their uranium enrichment to 60 percent and said they would no longer allow snap inspections by the IAEA at their nuclear facilities.

Trump didn't even try to play that game, but Biden and his old boss Barack Obama - two guilt-ridden Westerners - will pay any price to Iran so they can "Make history."

https://pjmedia.com/news-and-politics/rick-moran/2021/02/24/with-bidens-blessing-south-korea-to-partially-unlock-9-billion-in-iran-assets-n1427942 

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