Under Direction of Iranian-born Valerie Jarrett, Obama Considering Giving Iran Billions In Frozen Assets…
(NEWSMAX) — The Obama administration is weighing whether to offer Iran the chance to recoup billions of dollars in frozen overseas assets if it takes steps to scale back its nuclear program, U.S. officials and congressional aides said Friday. The proposal would face a skeptical Congress determined to make the end of Tehran’s uranium enrichment activity the condition for any sanctions relief.
The brainstorming comes after two days of nuclear negotiations between Iran and world powers ended this week in Geneva. The talks — the first since Iranian President Hassan Rouhani took office — ended on an upbeat note although it fell short of specific and concrete commitments by Iran to stop enriching uranium or ship out its stockpiles of higher-enriched uranium.
The proposal is one of several under consideration to spur negotiations to ensure Tehran can’t produce atomic weapons. Enriching uranium can produce material for peaceful energy purposes or nuclear arms.
Under the plan being weighed, Iran would be able to access money from oil sales overseas that it currently can only barter with because of U.S. and international sanctions. Senate aides put the total between $50 billion and $75 billion. It’s not clear what Iran would have to do in return to prompt the Obama administration to allow banks to release the money. Read more via Newsmax…
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