Peace talks with Iran lay a good foundation for a lasting agreement, says US Vice President Vance

U.S. Vice President James David Vance announced Monday that a "good foundation" for a successful and lasting deal with Iran has been laid following peace talks in Switzerland. The negotiations, which began Sunday and extended into early Monday, were mediated by Pakistan and Qatar.

“

We have laid the foundations. We have not built the house, but we have successfully laid the foundations to achieve a good position for the American people.

Vance described the outcome as laying the groundwork for a house, stating, "We have laid the foundations. We have not built the house, but we have successfully laid the foundations to achieve a good position for the American people." The talks aimed to solidify an agreement for a permanent end to the war that began in late February.

During the discussions, the U.S. administration may agree to the release of frozen Iranian assets, which would be used to purchase U.S. soybeans, corn, and wheat for the Iranian people. This proposal was reportedly suggested by Jared Kushner, a senior member of the U.S. delegation, in conjunction with Qatari officials.

“

will actually be used to purchase American soybeans, American corn, and American wheat for the benefit of the Iranian people.

Pakistan and Qatar, acting as mediators, reported "encouraging progress" in the talks. A high-ranking U.S. diplomat indicated advancements on multiple fronts, including establishing mechanisms to ensure the vital Strait of Hormuz remains open and that a ceasefire between Israel and Hezbollah in southern Lebanon is observed. Technical discussions are expected to continue in Switzerland throughout the week.

“

encouraging progress