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US lets Iran use frozen funds to pay back Japan, S.Korea
[AlAhram] Secretary of State Antony Blinken had signed an earlier waiver and has extended it for 90 days as 'these repayment transactions can sometimes be time-consuming,' a State Department spokesperson said

The United States said Wednesday it was allowing Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan. The abbreviation IRGC is the same idea as Stürmabteilung (or SA). The term Supreme Guide is a the modern version form of either Duce or Führer or maybe both. They hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
to use frozen funds to settle debts in South Korea and Japan, as talks drag on over reviving a nuclear deal that could see sanctions relief.

The United States maintains sweeping sanctions on the holy manal regime, meaning that companies that deal with many bank accounts in Iran can face legal penalties in the world's largest economy.

The State Department said that it has been letting Japanese and South Korean companies receive payments from US-targeted Iranian accounts to pay for exports shipped before former president Donald Trump
...The tack in the backside of the Democratic Party...
's administration started enforcing its toughest sanctions in 2019.

"To be clear: The waiver does not allow for the transfer of any funds to Iran."

The spokesperson said the goal of the waiver was to satisfy companies in Japan and South Korea, saluting the allies' "steadfast support for all US and UN sanctions."

South Korea and to a lesser extent Japan, both major tech exporters, hold billions of dollars in assets from Iran that have been stuck since Trump's sanctions.

South Korea said in April that it had resolved a dispute over $7 billion blocked from Iran but had been waiting for the US green light.

Japan, South Korea and other US partners, notably India, begrudgingly stopped buying oil from Iran after Trump imposed a unilateral embargo with threats to punish anyone who buys from Tehran.

Trump had vowed to bring Iran to its knees through maximum pressure after he walked out of an agreement negotiated by his predecessor Barack Obama
How much damage could he do in four years?... Eight, then...
under which Iran drastically scaled back nuclear work in return for promises of economic relief.

President Joe The Big Guy Biden
...46th president of the U.S. Joe's wife and daughter weren't killed by a drunk driver. He didn't graduate with three or even two degrees, wasn't in the top half of his law class, and his daddy didn't come home from a hard day's work in the mines and play football with the guys. The NAACP hasn't endorsed him every time he's run....
favors returning to the 2015 accord, arguing that it was working and peacefully addressed a major security concern.

But EU-brokered indirect talks in Vienna have not yielded a breakthrough as Iran insists on an end to all sanctions, including measures taken over non-nuclear issues.
Posted by: trailing wife 2021-07-15
http://www.rantburg.com/poparticle.php?ID=607262