The US has witnessed its three people's safe and swift returns for quite some time. But Iran would only budge if it got anything to help it escape its difficult economic situation.
Iran may be able to purchase food, medication, and other items with the money that has been released, according to the reports. Similarly, given the severe inflation issue the nation is experiencing, different humanitarian needs might also be met.
Several international media sites report that the US and Iranian governments are informally negotiating a prisoner exchange. However, at least three US individuals have been detained by Iranian authorities as of right now.
With Siamak Namazi, Emad Shargi, and Morad Tahbaz, three American citizens, in its custody, the Iranian government is attempting to strike financial deals that might assist the country's floundering economic recovery a little.
According to the reports, Qatar and the UK are the two nations that are crucial to the success of this mission. They are assisting Iran and the US in reaching an agreement that would aid in the release of American citizens.
According to NBC TV, the US may let Iran access billions of dollars stashed in South Korea as part of the agreement. This would imply that the US sanctions could be loosened to give Iran a rest.
Iran has long requested that the US-led alliance ease its economic sanctions against it. With the prisoner exchange, Iran might be granted some leeway and access to the monies that South Korea had blocked, which could then be used for constrained objectives like purchasing food, medication, etc.
Similarly, given its severe inflation crisis, the Islamic nation may also be able to address other humanitarian demands. However, the unemployment rate has risen significantly, and the latest protests have ensured no fresh investments come to Iran.
The fact that there have long been rumors of a prisoner exchange between Iran and the US is interesting. In actuality, earlier last year, news headlines featured stories of a similar nature. Then, according to Reuters, a regional nation intervened between the two countries to allow for the "simultaneous release of inmates."
The US has witnessed its three people's safe and swift returns for quite some time. But Iran would only budge if it got anything to help it escape its difficult economic situation.
Although Joseph Biden has been pro-deal while Donald Trump had canceled all the mollycoddling of Iran, Iran has not exactly benefited from the breather that followed Trump's impeachment.
Yet, even Biden lacked the guts to deal with the troubled nation after protests broke out in Iran and later when it gave drones to Russia.