Qatar and UK are acting as intermediaries to secure agreement to release Americans jailed in Iran, NBC News reports.
The US news outlet said on Wednesday that the talks “have made progress”, but it remains unclear whether an agreement can be reached soon.
The possible deal would see Tehran free American detainees in its custody as part of the prisoner exchange. Washington would also allow the release of billions of dollars of Iranian funds frozen by South Korea under US sanctions, according to NBC sources.
Use of the money would be limited to buying food, medicine and other humanitarian needs, the sources said. The news agency also reported that a third country, possibly Qatar, could potentially oversee the transfer of the assets.
The report comes amid stalled efforts to revive the 2015 multilateral nuclear deal that saw Tehran scale back its nuclear programme in exchange for having international sanctions against its economy lifted.
Former US President Donald Trump had nixed the deal in 2018, but his successor, Democrat Joe Biden, has said he intends to return to the agreement. Numerous rounds of indirect talks over the past two years, however, have failed to restore the pact.
US-Iranian relations have been further complicated by a crackdown on anti-government protests in Iran and Washington’s allegations that Tehran supplied Russia with drones to be used against Ukraine.
Iran is currently imprisoning at least three US citizens — Siamak Namazi, Emad Shargi and Morad Tahbaz — who the US State Department says are unjustly detained.
Namazi, an Iranian-American businessman who has been imprisoned since 2015 on charges of cooperating with a hostile government, went on a hunger strike last month. He also wrote a letter to Biden — delivered through his lawyer — urging the administration to push for his release.
“We are working tirelessly to bring him home along with all US citizens who are wrongfully detained in Iran,” a National Security Council spokesperson said last month. “Iran’s wrongful detention of US citizens for use as political leverage is outrageous.”
Aside from its efforts to release the detainees, Washington continues to promise it will not allow Tehran to obtain a nuclear weapon, which Tehran denies seeking.
During a visit to Israel last month, US Secretary of State Antony Blinken said he discussed with Israeli officials the prospect of “deepening cooperation to confront and counter Iran’s destabilising activities in the region and beyond”.