Iran agreed to invite IAEA inspectors back into the country, US Vice President JD Vance said on Monday after the first round of US-Iran talks concluded.
US Vice President JD Vance said on Monday that any future unfreezing of Iranian assets should take place under a controlled process to ensure the money benefits Iranians and does not fund terrorism.
Iran's Supreme Leader Mojtaba Khamenei gave permission for negotiations with the United States, the Islamic Revolutionary Guards political deputy said on Monday.
Iran’s delegation, led by Parliament Speaker Mohammad Bagher Ghalibaf, left the venue of talks with the US on Monday after about 18 hours of intensive negotiations, Foreign Minister Abbas Araghchi said.
Iranian central bank governor said on Monday the use of blocked assets would gradually begin in the coming days.
Deputy Foreign Minister Kazem Gharibabadi is leading the Iranian team in technical talks with the United States in Switzerland on mechanisms to implement the memorandum of understanding and form related working groups, state media reported on Monday.
No nuclear negotiations have taken place so far in Switzerland, IRGC-affiliated Tasnim News reported on Monday, citing a source close to Iranian negotiating team.
US Vice President JD Vance said on Monday that any future unfreezing of Iranian assets should take place under a controlled process to ensure the money benefits Iranians and does not fund terrorism.
“One of the other things that we wanted to do was set up a process where if we ever unfreeze Iranian assets, we can ensure that Iranian money goes to help the people of Iran and not to fund terrorism,” Vance said in Buergenstock, Switzerland.
Vance said any such process would require approval from the United States and Qatar.
“If there are any frozen Iranian assets that are unfrozen, then we have approval over that process,” Vance said. “The Qataris have approval over that process.”
He said the money would be used to buy American soy, corn and wheat “for the benefit of the Iranian people.”
"If Iranian assets are ever unfrozen, they're going to go to make American farmers richer and to feed the Iranian people. That's a very, very good and very classic Trump deal," he added.
US Vice President JD Vance said in Buergenstock, Switzerland, on Monday that the United States had set up a deconfliction mechanism aimed at preventing clashes involving Israel and Hezbollah from spiraling into a wider conflict.
He said protecting both Israel’s security and Lebanon’s sovereignty would require coordination with the Lebanese army and pressure on Iran to rein in Hezbollah.
“Israel's security is protected. And that's going to require some coordination with the Lebanese armed forces. And also it's going to require the Iranians to rein in Hezbollah. That's all the sort of things that we were talking about yesterday,” he said.
Vance said Israel and other countries in the region had a right to self-defense, but added that Washington wanted military responses to take place alongside talks aimed at de-escalation.
He said the mechanism was established around 4 p.m. local time on Sunday and had already helped produce what he described as the calmest 24-hour period in Lebanon in recent days.
Vance said Israel had made clear it had no territorial ambitions in southern Lebanon and that its presence there was driven by concerns over Hezbollah fire into Israel.
Iran agreed to invite IAEA inspectors back into the country, US Vice President JD Vance said on Monday after the first round of US-Iran talks concluded.
Vance called the move “a major milestone” and said it was “the first step” toward ending what he described as Iran’s nuclear weapons program.
He said the talks had also set up technical negotiations involving US, Iranian, Qatari and Pakistani teams, which would continue in Buergenstock and over the coming days and weeks.
“We laid a very good foundation for a successful final deal,” Vance said. “The final deal is the house. We set the foundation, we haven’t built the house.”
Vance said the talks had also produced coordination mechanisms aimed at keeping the Strait of Hormuz open, de-mining the waterway and preventing regional ceasefire violations from escalating.
China welcomed the launch of follow-up talks between Iran and the United States on a memorandum of understanding and supported efforts conducive to peace in the Middle East, Foreign Minister Wang Yi said on Monday.
“Maintaining and implementing the memorandum of understanding will help consolidate the hard-won ceasefire and open new prospects for Iran-US relations,” Wang told Ghadir Nezami, Iran’s senior security official, during a meeting in India, according to a statement from China’s foreign ministry.
Wang said China backed Iran in safeguarding its sovereignty and dignity and improving ties with Persian Gulf and regional countries, adding that Beijing was willing to provide assistance “in its own way” to help restore regional peace.
US Vice President JD Vance was set to speak in Buergenstock, Switzerland, after the first round of US-Iran talks concluded early Monday.
Hossein Shariatmadari, the hardline editor of Kayhan newspaper, said on Monday that Iran’s negotiating team should leave the talks to humiliate US President Donald Trump.
“The minimum response to Trump’s threats is to humiliate this characterless element and leave the negotiating table,” he wrote.
He added that even if talks continued, Iran should not let Trump go without revenge for the blood of slain Supreme Leader Ali Khamenei and Quds Force commander Qassem Soleimani.
Iranian central bank governor said on Monday the use of blocked assets would gradually begin in the coming days.
Abdolnaser Hemmati said the process would move forward based on the central bank’s decisions and guidelines.

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