Iran's top negotiator Mohammad Baqer Ghalibaf said on Thursday that the United States' claims that Iran will spend its unfrozen assets to buy US agricultural products were false. In a post on X, Ghalibaf wrote: "America falsely claims our unfrozen assets will buy their agriculture. Interesting. The only crop we're harvesting is what you planted: decades of mistrust. It's organic, abundant, and homegrown. But apparently the US only exports GMO soybeans, broken promises and trash talks."
US Treasury Secretary's remarks
US Treasury Secretary Scott Bessent echoed President Donald Trump on Wednesday and insisted that a large percentage of Iran's unfrozen assets would be used to buy US foods and medicine, even as Iran says it would determine its spending. The US has maintained that the assets, which were frozen under sanctions, should be used for humanitarian purposes, but Iran has rejected any conditions on their use.
Context of the dispute
The exchange comes amid ongoing tensions between Iran and the US over nuclear negotiations and economic sanctions. Iran has repeatedly stated that it will not be dictated to regarding its sovereign assets, while Washington seeks to ensure that the funds are not diverted to military or nuclear programs. The unfrozen assets, estimated to be in the billions of dollars, have been a point of contention in diplomatic talks.
