J.D. Vance rules out that Iran will receive cash for signing an agreement with the US.
J.D. Vance denies that by signing an agreement to reopen the Strait of Hormuz, Iran will get $300 billion for a reconstruction fund
Vice President James David Vance ruled out any possibility that the Iranian government would receive cash in exchange for signing an agreement with the United States, which in addition to ending the war would allow the reopening of the Strait of Hormuz to navigation.
Since February 28, when President Donald Trump officially declared being at war with Iran, maritime activity on the coastline shared by the Islamic Republic with Oman ceased, condemning several countries to suffer from the lack of oil they used to buy from the Middle East.
From that moment on, the argument of stopping uranium enrichment to prevent the Iranians from developing nuclear weapons practically took a backseat.
As the war against Iran has dragged on, volatility in the price of crude oil has negatively impacted economies around the world.
That has put pressure on President Donald Trump, as he continues to fail to convince his adversary to sit down and sign an agreement.
At the same time as the ongoing negotiations, an article published in The New York Times quoted a government official interviewed on condition of confidentiality, anticipating that the agreement allegedly included a clause of $300 billion dollars destined for an investment fund to rebuild the areas devastated by the US bombings in Iran.
However, the second most senior man in the White House dismissed that information through a message posted on his social networks.
“I am seeing a lot of false information about a possible deal to reopen the strait and end Iran's nuclear weapons program.
First, Iranians do not receive cash nor are funds released simply for signing an agreement or attending a meeting,” he wrote.
Vance also clarified that the hypothetical agreement would be signed for the benefit of the entire Middle East and not only to benefit the Islamic Republic.
"The agreement is structured to ensure that the concerns of the United States and its allies are prioritized, and that, if the Islamic Republic of Iran meets its obligations, then the economic benefits will flow to them and the entire region. It has the potential to transform the region and lead to lasting peace," he noted.
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