The United States has announced a conditional plan to release Iran’s frozen assets, requiring that a major portion of the funds be used to buy American soybeans, corn, and wheat. The plan was revealed by US Vice President JD Vance after a high-level meeting between US and Iranian officials at Switzerland’s Bürgenstock Resort. According to Vance, the initiative aims to ensure that the released funds support humanitarian and public welfare purposes rather than terrorism financing.

Vance said the US and Qatar are jointly developing a special monitoring mechanism to oversee how Iran uses the released funds, with both Washington and Doha sharing control over approvals. He added that Jared Kushner is working with Qatar on a joint proposal to implement the plan, which would strengthen Iran’s food security while boosting US agricultural exports. Vance described the initiative as a “classic Trump deal” that could benefit both nations.

The US vice president also stated that Washington has been consulting with regional allies, including Israel, Saudi Arabia, the UAE, and Lebanon. While Gulf countries view the move as a step toward regional stability, Israeli officials remain concerned about any concessions to Iran.