Iran envoy says asset-use plan involving US crops is unconfirmed

Iran’s ambassador to the United Nations in Geneva said on Tuesday he could not confirm US Vice President JD Vance’s statement that any funds from unfrozen Iranian assets would be used to buy American corn, soy and wheat.

Vance had earlier said any future unfreezing of Iranian assets would be subject to US and Qatari approval and that the money would be used to buy American agricultural goods “for the benefit of the Iranian people.”

"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 Trump deal," the US vice president said after Iran talks concluded in Switzerland.

He said the money would be used to buy American soy, corn and wheat “for the benefit of the Iranian people.”