Biden administration approval: exchange of hostages+exemption from sanctions
US media: The Biden administration approves the exchange of hostages with Iran and waives $6 billion in asset trading sanctions against Iran
According to US media reports, on the 11th local time, the Biden administration approved the authorization to waive the trading sanctions on the previously frozen $6 billion Iranian assets and release five detained Iranian citizens in exchange for the release of five detained US citizens. This exemption will ensure that $6 billion in funds can be transferred from South Korean banks to the Central Bank of Qatar without US sanctions, to be used by Iran to purchase international humanitarian supplies.
△ Capitol Hill in the United States
![Biden administration approval: exchange of hostages+exemption from sanctions](https://a5qu.com/upload/images/4a9a2d0284305d006016acd1bbdaafa4.png)
According to the report, the agreement was signed by US Secretary of State Brynken last weekend and submitted to the Congress for approval on the 11th local time.