According to the letter of intent the US and Iran signed ahead of peace talks, the US commits to making Iran's money and assets that are frozen abroad available. This will happen when the letter of intent is deemed to have been implemented - and when the parties agree on how.
JD Vance now says such money would have to be spent on imports from the US and "not on terrorism":
If Iranian assets are ever unfrozen, they will go to making American farmers richer and to feeding the Iranian people.
Iranian state media claims that the US has agreed to release assets worth the equivalent of just over SEK 116 billion, in addition to a temporary opening for Iranian oil exports.
And, according to Ali Bahreini, Iran's UN ambassador in Geneva, Iran can do whatever it wants with its own money:
I reject all claims from the United States that any other country should have influence over those decisions.
Not planning a visit
The countries are also giving conflicting messages on the sensitive and extensive issue of Iran's nuclear energy. The US says that Iran will once again receive inspectors from the UN's atomic energy agency, the IAEA, but this is also rejected.
"We have not had any meeting with the IAEA Director General, nor do we have any plans to allow the agency to inspect Iran's nuclear facilities that were damaged in the US and Zionist (Israeli) military attacks," said Esmaeil Baqaei, spokesman for the Foreign Ministry in Tehran.
At Sunday's intensive negotiations in Switzerland, Iran and the United States reportedly agreed on various ways to avoid the greatest tensions from flaring up again.
"Laid a foundation"
They are to establish a special communication line to avoid "accidents and misunderstandings" in the Strait of Hormuz, as well as a contact group to monitor a fragile ceasefire in the war in Lebanon. The negotiations have been followed by "technical talks" at lower levels.
"We haven't built the house, but we have managed to lay a foundation to achieve something that is good for the American people," said JD Vance.
According to Iran, the negotiators have agreed to form four working groups for the continued discussions: one to work on the lifting of sanctions, another on nuclear energy issues, one on "reconstruction and economic development" and one to monitor compliance with the agreements.
