Iran, US on verge of prisoner swap under Qatar-mediated deal

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Iran, US on verge of prisoner swap under Qatar-mediated deal
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When $6 billion of unfrozen Iranian funds are wired to banks in Qatar as early as next week, it will trigger a carefully choreographed sequence that will see as many as five detained U.S. dual nationals leave Iran and a similar number of Iranian prisoners held in the U.S. fly home, according to eight Iranian and other sources familiar with the negotiations who spoke to Reuters.

"Iran initially wanted direct access to the funds but in the end agreed to having access via Qatar," said a senior diplomat. "Iran will purchase food and medicine and Qatar will pay directly."

A State Department spokesperson said the U.S. was not ready to announce the exact timing of the prisoner release. The Department also declined to discuss the details of what the spokesperson termed "an ongoing and highly sensitive negotiation.”The U.S. administration has not commented on the timing of the funds transfer. However, on Sept 5, South Korean foreign minister Park Jin said efforts were under way to"The U.S.-Iran relationship is not one characterized by trust.

Iran’s foreign ministry and its U.N. mission did not respond to detailed questions regarding this story. The State Department spokesperson also said there had been no change in Washington's overall approach to Iran, "which continues to be focused on deterrence, pressure and diplomacy." "They all realised that nuclear is a dead end and shifted focus to prisoners. Prisoners is more simple. It’s easy to get and you can build trust," he said. "This is when things got serious again.

Issues discussed included how to ensure Iran only spent the money on humanitarian goods and securing guarantees from Qatar on its monitoring of the process.

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