TEHRAN, Iran: The governor of Tehran’s central bank on Tuesday said Iran might well use the frozen funds released to it under its deal with Washington to buy US farm products. But Abdolnaser Hemmati, in a video message, denied US President Donald Trump’s declaration that the agreement obliges Iran to spend the money on American exports. Hemmati said it was true that the initial $12 billion released to Tehran was to be used to buy “essential goods and medicine,” adding that this would free Iran to spend its regular funds on whatever it wants.

US vice-president floated the ‘interesting solution’ – which he said could help feed Iran’s people – following recent talks in Switzerland.

US President Donald Trump warned Iran that he would “do what I have to do” if Tehran fails to honor its agreement with Washington. Speaking at the White House, Trump defended the…

Trump said Iran must use money being unfrozen by the US to buy food exclusively from America but Iran said it is under no such obligation.

President Trump warned Iran of unspecified actions if it fails to uphold its agreement with Washington, particularly regarding the use of unfrozen funds. Trump stated the money is…

Tehran alone will decide how to use its frozen assets once they are unfrozen under a US-Iranian deal towards ending the Middle East war, an Iranian ambassador said Tuesday,…

Washington has not confirmed deal, but American officials suggest unfrozen money will be used to buy US goods

Another point of emerging contention remains entry of IAEA nuclear inspectors...

Iran says the U.S. agreed to release $12 billion in frozen funds after Switzerland talks, as oil prices slide and Hormuz negotiations continue.

(Bloomberg) -- President Donald Trump said Iran will only be able to use funds released from frozen accounts to purchase food and medical supplies from the US, addressing a major…

The US president specified that foods will include "corn, wheat and soybeans"

US President Donald Trump on Tuesday said any Iranian funds released by the US Treasury will be strictly controlled and limited to the purchase of American-made humanitarian…

As part of the agreement, Iran is expected to receive some sanctions relief and gain access to frozen assets. | World News

The US will release approximately $6 billion in frozen Iranian assets for humanitarian purchases of American corn, soybeans, and wheat under dual Treasury

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleU.S. President Donald Trump insisted that…

TEHRAN, Iran: The governor of Tehran’s central bank on Tuesday said Iran might well use the frozen funds released to it under its deal with Washington to buy US farm products. But…

(Bloomberg) -- President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease…

Trump's administration claims a deal with Iran will benefit U.S. farmers, but Tehran disputes the terms and intentions.

(Bloomberg) -- President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease…

Trump dice que el dinero servirá para comprar productos estadounidenses, pero Teherán lo desmiente