Vance Says Unfreezing Iranian Assets Would Benefit US, Strengthen West Asia Security

WASHINGTON, June 22 (Bernama-Sputnik/RIA Novosti) -- Unfreezing Iranian assets would benefit the United States (US) and help strengthen the security architecture in West Asia, US Vice President JD Vance said on Monday, reported Sputnik/RIA Novosti.

“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 [US President Donald] Trump deal. That's great for our people, great for the people of Iran, and fundamentally, again, will contribute to this regional security architecture that we've built,” Vance told reporters in Switzerland.

Iran and the US held talks in Burgenstock, Switzerland, on Sunday, with Qatar and Pakistan mediating the negotiations.

The US delegation was led by Vance, while Iran's parliamentary speaker Mohammad Bagher Ghalibaf headed the Iranian team.

Both Iranian Foreign Ministry spokesman Ismail Baghaei and Vance later announced progress in the talks.

Last week, Iran and the US remotely signed the memorandum that provides for an end to the military conflict that began on February 28.

-- BERNAMA-SPUTNIK/RIA NOVOSTI