The United States and Iran are to free five detainees each under an exchange agreement that also involves the transfer of $6 billion of unfrozen Iranian assets from South Korea to accounts in Qatar.
agreement that also involves the transfer of $6 billion of unfrozen Iranian assets from South Korea to accounts in Qatar.removes one major irritant between Iran and the U.S., whose animosity dates back to the Central Intelligence Agency's orchestration of the overthrow of Iran’s popular Prime Minister Mohammed Mossadegh in 1953 and restoration of the Shah, Mohammed Reza Pahlavi, who became a staunch U.S. ally.
1980 - The U.S. cuts diplomatic ties with Iran, seizes Iranian assets and bans most trade with Tehran. Hostage rescue mission ordered by President Jimmy Carter fails. 2002 - President George W. Bush declares that Iran, Iraq and North Korea are an "axis of evil." U.S. officials accuse Tehran of operating secret nuclear weapons program.
2015 - Iran and six major powers reach a nuclear agreement, under which Tehran agrees to curb its nuclear work in return for sanctions relief. In May, Iran says it will increase enriched uranium production, bucking its commitments under the nuclear accord. 2021 - U.S. and Iranian officials hold six rounds of indirect nuclear talks in Vienna between April and June. A new round begins on Nov. 29 after a five-month hiatus triggered by the election of Iran's hardline president Ebrahim Raisi.
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