Vice President JD Vance said Monday that any release of frozen Iranian assets remains contingent on continued progress in negotiations, making clear that Tehran will not gain access to the funds unless the United States sees meaningful movement on key issues.

Vance addressed the issue after being asked whether Iran had already accepted a proposal allowing frozen assets to be used for purchases of American soybeans. He explained that the administration worked with Qatar to establish a monitoring structure designed to ensure that any released money is spent only for approved purposes.

“Yeah, that was something that came up yesterday. We actually asked the Qataris to help us set up the mechanism so that we could ensure that the money goes where we want it to go. And they agreed to do that. We have a good relationship, obviously, with them and a good operational oversight mechanism in place. But even with that said, even with the caveat that it’s going to benefit American farmers and obviously benefit the people of Iran, we want both. But fundamentally, that money is not going to be unfrozen unless we continue to see progress. And that will obviously be a big part of the negotiation in the days to come.”

The vice president’s comments came shortly after details emerged regarding a new Memorandum of Understanding reached between Washington and Tehran. The White House confirmed the authenticity of the document to Breitbart News after the full text was distributed to reporters.

According to the memorandum, the United States and Iran have “jointly agreed, in good faith” to a framework addressing the ongoing conflict, economic sanctions, Iran’s nuclear activities, and a path toward broader negotiations aimed at securing a final agreement.

The document further states that, once the memorandum is implemented, the United States would make available Iranian assets and funds that are currently frozen or otherwise restricted. The two sides would negotiate the procedures governing the release of those funds as discussions continue.

Under the framework outlined in the memorandum, the funds could remain in their existing accounts or be transferred elsewhere, but would ultimately be available for use by beneficiaries designated by the Central Bank of Iran. The proposal has already sparked debate among supporters and critics of the administration’s diplomatic efforts, particularly as negotiators continue hammering out the details of any final arrangement.

{Matzav.com}