Ali Bahreini, the Iranian Ambassador and Permanent Representative to the United Nations Office at Geneva, declared that the Strait of Hormuz is now accessible to commercial ships without any charges. He mentioned that the situation will be reassessed after 60 days, depending on negotiations between Iran and the US.
Following the first round of discussions in Switzerland between Iranian and US negotiators regarding the implementation of a Memorandum of Understanding (MoU) signed last week, Bahreini revealed that the MoU entails the unfreezing of Iranian assets by the US. He emphasized that Iran alone has the authority to decide on the utilization of these assets, with no external interference permitted.
Contradicting the US assertion that Iran has agreed to allow inspectors from the International Atomic Energy Agency (IAEA) into the country, Bahreini clarified that no such decision or discussion has taken place. He highlighted that deliberations on Iranian nuclear activities will occur in the subsequent phase, dismissing any reports suggesting the possibility of inspector visits to Iran.
US Vice President J D Vance proposed a plan on Monday that suggests using any future release of frozen Iranian assets to procure American agricultural products. Vance proposed redirecting the funds towards the purchase of American agricultural commodities, rather than transferring them directly to Tehran, emphasizing the benefits for both nations. He described the proposal as a mutually advantageous arrangement, aiming to support American farmers and provide sustenance for the Iranian populace.
