New Delhi : US President Trump on Monday declared that Iran has agreed never to acquire a nuclear weapon, as Washington and Tehran move forward with a preliminary agreement aimed at ending more than 100 days of conflict and opening negotiations on a peace settlement. The post came a day after the United States and Iran signed a preliminary agreement aimed at ending the war and establishing a framework for negotiations on Tehran’s nuclear programme and sanctions relief.
Trump’s post also appeared aimed at rebutting reports about financial incentives being discussed as part of a broader settlement with Tehran. However, the figure under discussion in recent media reports is not USD 300 million, but USD 300 billion. Trump’s assertion was quickly echoed by Vice President JD Vance, who said preventing Iran from obtaining a nuclear weapon had been a central objective of the administration throughout the conflict. “The President has been clear from day one: Iran will never have a nuclear weapon,” Vance wrote on X.
Earlier on Monday, Trump announced that a preliminary agreement to end the war had been signed by Washington and Tehran. Speaking after arriving in France for the G7 summit, he said Vance would attend a formal signing ceremony in Geneva later this week. Iranian President Masoud Pezeshkian described the US-Iran memorandum of understanding as an “important step” toward ending the fighting but cautioned that a final agreement establishing a lasting truce has yet to be negotiated.
According to sources cited by Iran’s Mehr News Agency, Tehran’s negotiating team has demanded that the United States and its allies present reconstruction plans worth at least USD 300 billion as part of the peace process. Iranian media reports say the demand is linked to a broader package that includes the release of USD 24 billion in frozen Iranian assets during a 60-day negotiation period, with half of the amount made available upfront.
Iranian officials have repeatedly argued that the country must receive meaningful economic relief, with some estimates placing the damage caused by the conflict as high as USD 1 trillion. Western reporting, however, describes the same USD 300 billion figure differently. Reports in US media reports have characterised it as an international investment and reconstruction programme that Washington would help facilitate, potentially involving private-sector capital rather than direct government reparations.
Vance told CNN that the signed memorandum is only about one-and-a-half pages long and remains “a very general document”, with further details expected to be released in the coming days. According to Vance, the framework includes a significant sanctions-relief package for Iran. He also said inspectors from the International Atomic Energy Agency (IAEA) would “definitely” return to Iran and that the agreement includes cooperation aimed at eliminating Iran’s stockpile of highly enriched uranium.
Additional details of the draft framework emerged in a report by Axios, which cited a source familiar with the text of the memorandum. According to the report, the United States and Iran would commit to resolving the disposition of Iran’s stockpile of enriched uranium and hold negotiations on the future of the country’s uranium enrichment programme.
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