Iran’s lead negotiator Qalibaf, US VP Vance to attend MoU signing in Geneva: Dy. FM

Iranian deputy foreign minister for political affairs says Parliament Speaker Mohammad Baqer Qalibaf and US Vice President JD Vance will attend the upcoming signing of a memorandum of understanding between Iran and the United States in Switzerland.

Majid Takht-Ravanchi said on Tuesday that Tehran had briefed foreign ambassadors on the content of a memorandum of understanding expected to be signed with the United States on Friday, adding that the agreement addresses war reparations, the release of Iran's frozen assets, and an end to hostilities across the region.

“Today was a valuable opportunity to meet with ambassadors, and explanations were provided regarding the memorandum of understanding and its provisions,” he said, speaking at a press conference.

According to Takht-Ravanchi, the proposed agreement seeks to consolidate the end of the recent war and prevent further escalation in the region.

“It was emphasized that the war has ended and that there will be no war on any front anymore. [Iranian Foreign Minister Abbas] Araghchi stressed why there should be no war and occupation in Lebanon,” noted Iran's deputy foreign minister.

Takht-Ravanchi added that reconstruction is among the key issues covered by the document, stressing that a "plan for reconstruction has been envisaged.”

He also emphasized that the memorandum addresses Tehran's long-standing demand for access to its frozen assets and the lifting of restrictions affecting maritime trade routes, referring to an illegal naval blockade by the US on Iran’s southern ports and its vessels, including tankers.

“The issue of Iran's blocked funds is also included, and Mr. Araghchi emphasized that they have been illegally blocked and must be made accessible.”

Referring to the Strait of Hormuz, he added, “The issue of the Strait of Hormuz and lifting the [US] blockade are also included. Lifting the blockade has been our demand from the beginning, and before the signing, the blockade has been partially lifted.”

In response to the US-Israeli aggression, Iran's armed forces carried out multiple waves of retaliatory operations against US and Israeli assets across the region and closed the Strait of Hormuz, through which approximately one-fifth of global oil trade passes, to hostile vessels.

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Takht-Ravanchi also provided details about the signing ceremony and subsequent negotiations, saying that Switzerland would host the event, although the exact venue has yet to be determined.

“Switzerland is the location for the signing, but the exact venue has not yet been determined. The next round of negotiations will begin immediately after the signing,” he noted.

Iran's deputy foreign minister added that it is still unclear whether the signing will be electronic or not.

He confirmed the expected participants, saying, “From the American side, Mr. Vance will attend, Mr. Qalibaf from the Iranian side will attend the ceremony.”

Takht-Ravanchi also stressed that one of the memorandum's provisions concerns ending hostilities throughout the region, including in Lebanon.

“One of the clauses includes the end of the war on all fronts, including Lebanon. The United States has committed itself to ending the war on all fronts, and if any violation occurs, a mechanism has been established under which action will be taken,” he emphasized.

He also said further negotiations would address Iran's nuclear program.

“After the signing of the memorandum of understanding, discussions about the nuclear issue will begin, and we have not yet entered into the details. The issues of enrichment, stockpiles, and Iran's nuclear needs are also included,” Takht-Ravanchi concluded.

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