Bern, June 22: U.S. Vice President JD Vance proposed on Monday that if Iran’s seized assets are released in the future, they could be used to purchase American agricultural products. He indicated that this proposal could be part of a larger agreement emerging from ongoing negotiations with Iran.
The suggestion was made during a briefing in Bern, signaling how the Trump administration views economic issues in potential agreements with Iran. So far, discussions have primarily focused on nuclear oversight, regional security, and issues related to the Strait of Hormuz. Vance mentioned that conversations have included how to regulate the use of Iran’s seized funds if sanctions are eased in the future.
“We want to ensure that if Iran’s funds are ever released, they are used to help the Iranian people, not to promote wrongdoing,” Vance stated. He noted that discussions have taken place about establishing a framework, following talks with Qatar, to closely monitor the use of Iran’s funds.
Vance revealed that Jared Kushner proposed a solution in collaboration with Qatar. According to him, if Iran’s seized funds are ever released, both the U.S. and Qatar would approve how the money is spent.
Under this proposal, the funds would not be given directly to Iran but would be used to purchase American agricultural products. This money would be allocated for buying American soybeans, corn, and wheat, benefiting the Iranian populace.
Vance described this plan as advantageous for both nations. He stated that if Iran’s funds are released, it would benefit American farmers while providing food supplies to the Iranian people. He characterized it as “a very good and traditional Trump deal.”
However, Vance did not disclose whether Iran has officially accepted this proposal. He also did not provide information on the amount of money that could be involved in this arrangement.
This statement follows Vance’s claims of progress in negotiations with Iran. He mentioned that Iran has agreed to invite International Atomic Energy Agency (IAEA) inspectors back into the country. He stated that technical-level discussions would continue in the coming days and weeks to advance the framework established in Switzerland.
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