Direct Translation
Vance reveals firsthand details of the U.S.-Iran agreement; the real content is unexpected
Reporter : Wang Duran / Editor: Zhong Kang / https://www.aboluowang.com/2026/0616/2396606.html
In response to widespread online rumours that the U.S. has paid Iran a $300 billion reconstruction fund and that $25 billion in assets have been unfrozen, U.S. Vice President JD Vance publicly refuted these claims in interviews with CBS, CNBC, and other media outlets on 15 June 2026, emphasizing that these claims are untrue.
Vance revealed that the U.S. and Iran have completed the electronic signing of the framework agreement, with a formal signing ceremony expected on 19 June 2026 in Switzerland. The full text of the agreement will also be officially released this week, allowing the outside world to directly understand its true content.
Vance stated that the currently reached memorandum of understanding is only about one and a half pages long and is a framework document. The core consensus rests on only two points:
First, Iran pledges not to develop or acquire nuclear weapons in the future and to address the issue of highly enriched uranium;
Second, the Strait of Hormuz will be reopened and free navigation maintained.
Complex issues such as the disposal of highly enriched uranium, standards for dismantling nuclear facilities, international inspection mechanisms, conditions for lifting sanctions, and long-term arrangements for the opening of the Strait of Hormuz will be finalized during the next 60 days of technical negotiations.
Vance stated that if negotiations waited until all details were finalized before signing, they could drag on for months or even break down. Therefore, both sides should first reach an agreement on a framework agreement before proceeding with subsequent technical negotiations. He himself will lead the US team in the negotiations over the next 60 days.
Regarding funding, Vance emphasized that the US has not paid any funds to Iran, nor has it unfrozen frozen assets, and there is no $300 billion included in the agreement.
He said that no US taxpayer money will flow to Iran. Even if sanctions easing is discussed in the future, the principle of "compliance first, then release; verification first, then lifting" will be followed.
Regarding the much-discussed $300 billion reconstruction fund, Vance stated that if related projects are launched in the future, the funding will primarily come from Gulf states and private capital, not the US government, provided that Iran fulfills its obligations under the agreement in the long term.
Vance also revealed that Israel will participate in the follow-up arrangements for the future Middle East order. The US hopes that the agreement will ensure that Iran can never possess nuclear weapons, while maintaining the long-term openness of the Strait of Hormuz, reducing the risk of conflict in the Middle East, and stabilizing the global energy market.
