Many people are worried about Biden’s policies as President.
And this new announcement only gives them more cause to worry.
Now, Joe Biden just helped one of America’s worst enemies get $7 Billion in cash.
According to Breitbart News, the South Korean Foreign Ministry announced that they were releasing over $7 billion in Iranian assets which had been frozen in South Korean banks due to U.S. sanctions in 2019.
The South Korean Foreign Ministry stated:
“Our government has been in talks with Iran about ways to use the frozen assets, and the Iran side has expressed its consent to the proposals we have made. The actual unfreezing of the assets will be carried out through consultations with related countries, including the United States.”
Of course, the exact details of the financial transfer were not disclosed to the public.
But why now?
According to the Korea Times, the Foreign Ministry was reported to be talking with Washington last month about unfreezing some of the money to pay Iran’s dues to the United Nations, and possibly to use some of the funds to purchase “humanitarian items such as medicine and medical equipment” from a Swiss organization.
But a much darker truth may have revealed itself.
Breitbart News continued:
“The Korea Times, i24 News, Yonhap News, and other outlets speculated as to a possible connection between the release of funds and Iran’s kidnapping of a South Korean oil tanker and its crew from the Persian Gulf last month. Iranian officials repeatedly linked the release of the ship and crew to South Korea unfreezing the $7 billion in frozen oil revenue.
“Early this month, Tehran said it would release the sailors, except for the captain, which coincided with Seoul’s confirmation on the progress in the talks with Washington about using the frozen money for the U.N. dues,” Yonhap noted.”
This terrifying situation may just be the true reality.
If this is the case, then things are far worse than they seem.
Iran has released several statements complaining about their ill treatment from the South Korean and United States governments.
Central Bank of Iran Governor Abdolnaser Hemmati stated:
“A year and a half ago, I had talks with South Korean officials, including the Deputy Prime Minister and Minister of Economy, about this issue, and they promised assistance and cooperation, which unfortunately were not realized.”
They continued, stating that the reason they were so upset was because they needed the funds to provide humanitarian supplies for their country in the face of the deadly COVID-19 pandemic that has swept the world.
While this may be true, other reports have surfaced, claiming that Iran has been frivolously spending billions on weapons research, creating missiles, and developing new nuclear weapons.
There has been a great deal of fear surrounding Iran’s potential nuclear development.
While some reports claim that Iran is close to developing new weapons, there simply is not enough concrete evidence to prove this is the case.
In light of these recently lifted sanctions, we can hope that tensions will die quickly amongst the nations.