Any unfreezing of Iranian funds will not finance terrorism - US VP Vance

U.S. Vice President J.D. Vance asserted on Monday that any unfreezing of Iranian assets, potentially linked to a deal to end regional conflict, would be managed to prevent the financing of terrorism. Speaking to reporters at Switzerland's Burgenstock resort, Vance stated, "If we ever unfreeze Iranian assets, we can ensure that… Iranian money goes to help the people of Iran and not to fund terrorism."

“

If we ever unfreeze Iranian assets, we can ensure that… Iranian money goes to help the people of Iran and not to fund terrorism

These remarks came as a first round of talks between Tehran and Washington concluded at the resort. The talks are part of a two-month negotiation period established by a preliminary agreement aimed at resolving the conflict initiated by the United States and Israel. A key element of the agreed memorandum of understanding includes a U.S. commitment to eventually lift all sanctions against Tehran and make frozen Iranian funds and assets fully accessible.

“

misreporting

Vance suggested that criticisms regarding this aspect of the agreement stemmed from "misreporting." He highlighted that the U.S. and Qatar, which mediated the talks alongside Pakistan, developed "a very interesting solution" to ensure the funds are not misused. He credited Jared Kushner, former President Donald Trump's son-in-law and senior advisor, for his involvement in devising this mechanism.

“

a very interesting solution

According to Vance, the agreement represents "a classic Trump deal." If Iranian assets are unfrozen, the funds would be allocated to benefit American farmers and provide aid to the Iranian people. Vance described this outcome as "great for our people, great for the people of Iran," and a contribution to the regional security architecture being established.

“

a classic Trump deal, where if Iranian assets are ever unfrozen, they’re going to go to make American farmers richer and to feed the Iranian people