Iran says unblocked S.Korea funds to be used for 'non-sanctioned goods'

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Iran says unblocked S.Korea funds to be used for 'non-sanctioned goods'
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Iran's central bank chief said on Saturday that all of Iran's frozen funds in South Korea had been unblocked and would be used for 'non-sanctioned goods'.

The sign of the Central Bank of the Islamic Republic of Iran is seen in Tehran, Iran January 25, 2023. Majid Asgaripour/WANA /Handout via REUTERS/File Photo

Mohammad Reza Farzin's post on social media appeared to confirm comments a day earlier by Washington, whichthere would be restrictions on what Iran could do with any funds unfrozen under an emerging deal that has led to the release of five Americans from prison to house arrest in Tehran. The five Americans will be allowed to leave Iran once the funds are unfrozen, a source familiar with the matter told Reuters.

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