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AUGUST 15, 2023: U.S. TO PROVIDE IRAN ACCESS TO $16 BILLION IN FROZEN FUNDS
Foundation for Defense of Democracies ^
| AUGUST 15, 2023
| Unknown
Posted on 10/08/2023 3:24:58 PM PDT by jacknhoo
The United States moved toward giving Iran access to at least $16 billion in the last few weeks, including $6 billion held in South Korea as part of a prisoner exchange deal and $10 billion held in Iraq to pay off Baghdad’s debts for its purchases of Iranian natural gas. Moreover, the Biden administration has remained silent regarding reports that the administration’s understanding with Iran would include up to an additional $7 billion in special drawing rights (SDR) from the International Monetary Fund (IMF) and potentially other cash as well. Washington has also failed to comment on Iranian Foreign Minister Hossein Amir-Abdollahian’s visit last week to Japan, where he reportedly requested access to $3 billion in frozen funds.
Expert Analysis “Congress should be worried about the money we don’t see as much as or more than the money we already see. The Treasury Department needs to come clean on the status of funds for Iran from the IMF, and the State Department needs to comment on whether it is negotiating the release of additional funds currently frozen in Japan.” — Richard Goldberg, FDD Senior Advisor
“Iran is making a play for its frozen funds to be released through an escalatory test of wills in the region and with hostage diplomacy against the country that created the lock-up provisions and sanctions architecture in the first place. Congress should see the moves to unlock these monies as an attempt to avoid oversight and deliver Tehran unearned sanctions relief.” — Behnam Ben Taleblu, FDD Senior Fellow
How Did the Funds End Up in Escrow? The funds released from South Korean banks as part of the prisoner exchange agreement were payments owed by South Korea to Iran for purchases of oil. South Korea and a handful of other nations, including China, India, Italy, Greece, Japan, Taiwan, and Turkey, were granted waivers in 2018 to continue buying Iranian oil after the Trump administration left the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action. The Trump administration canceled these exemptions in 2019 and diverted payments for already delivered oil into escrow accounts.
Japan is the only country with a publicly reported amount — approximately $3 billion — of unreleased Iranian funds. Still, it is likely that other states that had been granted exemptions also hold undisclosed amounts.
What Are IMF SDRs? Unlike Iran’s escrowed funds, which are debts owed to Iran, SDRs from the IMF are units of account that a holder can trade for an infusion of liquid cash into its economy equal to the value of the SDRs. Allowing Iran to trade in its SDRs at the IMF could mean an infusion of $7 billion into Iran’s economy. The United States blocked a $5 billion IMF emergency loan to Iran in 2020, and U.S. law mandates that the IMF’s American executive director oppose allocating any funds to a state sponsor of terror.
TOPICS: Crime/Corruption; Foreign Affairs; Front Page News; Government; Iran; News/Current Events
KEYWORDS: antiamerican; antisemitic; iran; iraq
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To: jacknhoo
All I can say is:
FJB! The dead’s blood is on your hands!
21
posted on
10/08/2023 3:54:10 PM PDT
by
Alas Babylon!
(Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
To: bimboeruption
Yes they are.
But giving billions to Iran is just as wrong as Ukraine.
22
posted on
10/08/2023 3:55:24 PM PDT
by
Alas Babylon!
(Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
To: jacknhoo
23
posted on
10/08/2023 3:56:27 PM PDT
by
grobdriver
(The CDC can KMA!)
To: jacknhoo
24
posted on
10/08/2023 3:59:02 PM PDT
by
kelly4c
To: EEGator
It’s all a convoluted mess at this point.
A hundred twists and turns to the point where we’re giving money to the Taliban, unfreezing Iran assets, can’t tell you where missiles and money are going once handed to some countries. We pay for idiotic enviro crap while people are literally starving to death 500 miles from there, we pay money to teach about the use of a condom to sub Saharan men... Yes, it needs to stop.
25
posted on
10/08/2023 4:03:06 PM PDT
by
Red6
To: EEGator; bimboeruption
I think the isolationist ideas of Buchanan and Paul are getting more of a hearing on FR than they used to.
26
posted on
10/08/2023 4:04:09 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: Red6
Our government seems to represent a small percentage of our country.
Today is nothing like the country I grew up in.
27
posted on
10/08/2023 4:11:22 PM PDT
by
EEGator
To: jacknhoo
Biden released 6 billion dollars in a prisoner swap with Iran on 9/11. He was too busy doing that to attend the 9/11 Memorial in NY City. Went to Alaska instead.
28
posted on
10/08/2023 4:12:34 PM PDT
by
mass55th
(“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
To: Reverend Wright
I agree with more, but still a minority by quite a bit.
There also has been the issue of everything here becoming a false dichotomy.
It you don’t help Ukraine you’re a Communist.
If you don’t support Israel, you’re a Nazi.
If you don’t A you’re B.
29
posted on
10/08/2023 4:17:34 PM PDT
by
EEGator
To: jacknhoo
When do Impeachment Proceedings begin?
30
posted on
10/08/2023 4:22:29 PM PDT
by
Chgogal
(Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to he)
To: ifinnegan
No, we should not give aid to anyone.
31
posted on
10/08/2023 4:28:42 PM PDT
by
cowboyusa
(YESHUA IS KING OF AMceERICA! DEATH TO MARXISM AND GLOBALISM! Trump 2024, NO more Mr Nice)
To: dforest
I don’t think that I is a zeeper.
32
posted on
10/08/2023 4:31:16 PM PDT
by
cowboyusa
(YESHUA IS KING OF AMceERICA! DEATH TO MARXISM AND GLOBALISM! Trump 2024, NO more Mr Nice)
To: cowboyusa
“ No, we should not give aid to anyone.”
Yes but it has nothing to do with this thread or topic or the current attack on Israel.
It was a comment made to deflect from the situation.
It’s a fine topic of discussion but is used as disruption here.
33
posted on
10/08/2023 4:31:24 PM PDT
by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: jacknhoo
Stolen elections have consequences. I’ve noticed many leftist friends I keep around on Facebook have been absolutely silent about politics in any form for months now. Before then, it was always orange man bad inviting will be good for maybe the first 6 to 10 months of his presidency, then it slowly died off.
34
posted on
10/08/2023 4:33:11 PM PDT
by
matt04
( )
To: EEGator
You can be against aid for anyone and believe we should not be involved and still be 100 percent Pro Israel. But, Hamas killed and kidnapped Americans. That involves us.
35
posted on
10/08/2023 4:33:48 PM PDT
by
cowboyusa
(YESHUA IS KING OF AMceERICA! DEATH TO MARXISM AND GLOBALISM! Trump 2024, NO more Mr Nice)
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
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- Harvard Students [57 student groups] Stand with Palestinian Terrorists After Attack on Israel [10/08/2023]
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- Navigate to Israel & The Middle East section Why the Iran Deal Matters [10/08/2023]
- NYC Democrat Socialists Of America Rally In Support Of Palestine And Hamas [10/08/2023]
- With thousands of unknowns on American soil, what is our threat status? [10/08/2023]
- Israel quietly arms Azerbaijan in the recapture of separatist region Nagorno-Karabakh [10/08/2023]
- 'Hamas has opened the gates of Hell, and they will pay.' [10/08/2023]
- Thread of Pro-Terrorist Rallies [10/08/2023]
- Iran helped plan Hamas attack on Israel that killed at least 700 and gave the green light for the assault at a meeting in Beirut last Monday: Islamic Revolutionary Guards devised land, air and sea assault that has left Middle East on brink of all-out war [10/08/2023]
- Iran Helped Plot Attack on Israel Over Several Weeks [10/08/2023]
- Festival massacre as rescuers find 260 bodies at site where revellers 'first realised something was wrong when a siren started going off before Hamas cut the power and started opening fire' [10/08/2023]
- Hamas Attack On Israel: Death Toll Rises To 700 And 100 Confirmed Hostages, Americans Included [10/08/2023]
- Hamas's Control of Gaza Must End Now [10/08/2023]
- London's City Hall to be lit up in the colours of the Israeli flag tonight [10/08/2023]
- Horrifying images reveal Hamas massacre at rave, where Israeli officers acted as human shields to protect civilians [10/08/2023]
- US to move warships and planes closer to Israel [10/08/2023]
- The Attack on Israel! [10/08/2023]
- Mike Pence blames his GOP competitors Donald Trump, Vivek Ramaswamy and Ron DeSantis for the Hamas terrorist attack on Israel [10/08/2023]
- ISRAEL: Babies Kidnapped by Muslim Terrorists HELD IN CAGES [10/08/2023]
- Not all civilians are equal: 3,803 Palestinians, 177 Israelis since 2008 [10/08/2023]
- Cornel West's, RFK Jr's Very Different Messages on Israel Attacks [10/08/2023]
- 'Nowhere to go': Ordinary Palestinians live in fear as Israel retaliates against Hamas [10/08/2023]
- White House Issues Condemnation Of Attack Biden Funded [10/08/2023]
- Rep. Rashida Tlaib, critic of Israel, breaks silence on Hamas attacks as Israeli death toll climbs over 600 [10/08/2023]
- Jewish counter-protestors face off with hundreds of Palestinian backers who descended on NYC's Times Square as Hamas continues assault on Israel [10/08/2023]
- Comparing America to Israel on gun laws is dishonest -- and revealing [10/08/2023]
- Palestine at war [10/08/2023]
- Indonesia calls for end to violence in Mideast [10/08/2023]
- Malaysia stands in solidarity with the people of Palestine, says Anwar [10/08/2023]
- Anti-Israel Activists Celebrate Hamas Attacks that Have Killed Hundreds of Israelis [10/08/2023]
- Rep. Ilhan Omar demands 'protection from the international community' for Palestinians following Hamas attack on Israel [10/08/2023]
- U.S. Congresswoman Who Linked Hamas With U.S. "Atrocities" Under Attack [10/08/2023]
- 'Like a horror movie' - Israel music festival-goers fled in hail of bullets [10/08/2023]
- Taliban, Hezbollah could join current Palestinian war on Israel: top US foreign-affairs pol [10/08/2023]
- 'Somebody's Off The Meds': Jennifer Rubin Blames GOP For Hamas Attack, Gets Roasted [10/08/2023]
- High Level Iranian Spy Ring Busted in Washington [10/08/2023]
- Joe Biden Approved the Release of $75 Million Dollar to Palestinian Jihadis Just Hours Before Attack on Israel [10/08/2023]
- Fury as Old Glory is burned alongside the Israeli flag in Pakistan, Yemen and Iraq after Hamas terrorists launch brutal attack on Israel killing at least 900 [10/08/2023]
- American man, 23, sends chilling message before going missing from Israeli rave [10/08/2023]
- U.S. Moving Ships and Aircraft Closer to Israel [10/08/2023]
- Biden's team worried House chaos might impact aid to Israel [10/08/2023]
- Biden administration released billions to Iran weeks before Israeli attack [10/08/2023]
- How RFK Jr. independent presidential run would shake up 2024 race [10/08/2023]
- Swords of Iron - Real Time Updates (IDF website) [10/08/2023]
- Biden Pardons New York Times Writer Charged as Iran Agent as New 'Influence Operation' Exposed [10/08/2023]
- Blinken: 'No U.S. Taxpayer Dollars Were Involved' in Iran Support of Hamas Terror Attack [10/08/2023]
- Why Iran and Afghanistan are headed to war [09/25/2023]
- What Price Should Israel Pay for Saudis Joining the Abraham Accords?=Will normalizing the Kingdom's ties with Israel change the world? [08/07/2023]
36
posted on
10/08/2023 4:36:11 PM PDT
by
SunkenCiv
(Putin should skip ahead to where he kills himself in the bunker.)
To: cowboyusa
Dual citizens that live in Israel.
This is between Israel and Hamas.
Israel doesn’t need our help.
37
posted on
10/08/2023 4:41:43 PM PDT
by
EEGator
To: jacknhoo
Valerie Jarrett has a office in the White House.
38
posted on
10/08/2023 4:45:41 PM PDT
by
Colo9250
( All Republican moderates need to go, all 200+ of them in 24)
To: EEGator
If they were born here, than they are American Citizens.
39
posted on
10/08/2023 4:46:12 PM PDT
by
cowboyusa
(YESHUA IS KING OF AMceERICA! DEATH TO MARXISM AND GLOBALISM! Trump 2024, NO more Mr Nice)
To: matt04
Trump was Prace through Strenth.
40
posted on
10/08/2023 4:46:55 PM PDT
by
cowboyusa
(YESHUA IS KING OF AMceERICA! DEATH TO MARXISM AND GLOBALISM! Trump 2024, NO more Mr Nice)
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