Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
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Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)

Iran's released assets abroad will be used to enhance domestic production, President Ebrahim Raisi was quoted as saying on Wednesday by the semi-official ISNA news agency.

Last week, Iran and Washington reached an agreement whereby five US citizens detained in Iran would be released while $6 billion of Iranian assets in South Korea would be unfrozen and sent to an account in Qatar that Iran could access.

US officials have said Iranian funds will be put in a restricted account and used for humanitarian purposes such as buying food or medicine.

As a first step in what may be a complex set of maneuvers, Iran allowed four detained US citizens to move into house arrest from Tehran's Evin prison, a lawyer for one said. A fifth was already under home confinement.

The United States would release some Iranians from US prisons as part of the deal, Iran's mission to the United Nations said.



Danish PM Arrives in Greenland for Three-Day Visit amid Trump Pressure

Denmark's Prime Minister Mette Frederiksen, right, and her husband Bo Tengberg is greeted by Greenland's Acting Head of Government, Múte B. Egede after arriving at Nuuk airport, Greenland, Wednesday, April 2, 2025. (Ritzau Scanpix via AP)
Denmark's Prime Minister Mette Frederiksen, right, and her husband Bo Tengberg is greeted by Greenland's Acting Head of Government, Múte B. Egede after arriving at Nuuk airport, Greenland, Wednesday, April 2, 2025. (Ritzau Scanpix via AP)
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Danish PM Arrives in Greenland for Three-Day Visit amid Trump Pressure

Denmark's Prime Minister Mette Frederiksen, right, and her husband Bo Tengberg is greeted by Greenland's Acting Head of Government, Múte B. Egede after arriving at Nuuk airport, Greenland, Wednesday, April 2, 2025. (Ritzau Scanpix via AP)
Denmark's Prime Minister Mette Frederiksen, right, and her husband Bo Tengberg is greeted by Greenland's Acting Head of Government, Múte B. Egede after arriving at Nuuk airport, Greenland, Wednesday, April 2, 2025. (Ritzau Scanpix via AP)

Denmark's prime minister landed in Greenland on Wednesday for talks with the Danish semi-autonomous territory's incoming government, following US President Donald Trump's repeated expressions of interest in controlling the vast Arctic island.

Mette Frederiksen begins her three-day trip less than a week after a visit to the territory by US Vice President JD Vance received a frosty reception from authorities in Denmark and Greenland.

The Danish leader said ahead of her visit that she aims to strengthen Copenhagen's ties with the island and emphasized the importance of respectful cooperation amid what she described as "great pressure on Greenland".

Frederiksen was expected to speak to the media later on Wednesday.

Greenland's incoming Prime Minister Jens-Frederik Nielsen, who won last month's parliamentary election and will form a coalition government, has welcomed Frederiksen's trip, saying on Monday that Denmark remains "Greenland's closest partner".

Nielsen's new coalition is expected to formally take office on April 7.

Relations between Greenland and Denmark have been strained after revelations in recent years of historical mistreatment of Greenlanders under colonial rule. However, Trump's interest in controlling Greenland, part of a growing international focus on competition for influence in the Arctic, has prompted Denmark to hasten work to improve ties with the island.

Nielsen told Reuters late on Monday that Greenland would strengthen its ties with Denmark until it could fulfil its ultimate wish to become a sovereign nation.

'RESPECTFUL'

Meanwhile, Greenland wishes to establish a "respectful" relationship with the United States, he said.

"Talking about annexation and talking about acquiring Greenland and not respecting the sovereignty is not respectful. So let's start by being respectful to each other and build up a great partnership on everything," he said.

Frederiksen's visit is primarily about signaling support at a time of intense scrutiny, said Ulrik Pram Gad, an academic at the Danish Institute for International Studies.

"It is important for Denmark to signal to Greenland that Denmark is Greenland's closest friend and ally - and to the US that it stands behind Greenland," he said.

During his visit to a US military base in northern Greenland last Friday, Vance accused Denmark of not doing a good job of keeping the island safe and suggested the United States would better protect the strategically-located territory.

Frederiksen, who has said it is up to the people of Greenland to decide their own future, called Vance's description of Denmark "not fair".

Opinion polls show that a majority of Greenland's 57,000 inhabitants support independence from Denmark, but many oppose seeking independence too quickly, fearing their island could become worse off and expose itself to US interests.