US President Donald Trump has stated that the United States may be required to return frozen Iranian funds, linking the issue to global confidence in the US dollar amid ongoing negotiations with Tehran.
Speaking at a press conference in France following the conclusion of the G7 summit, Trump said the United States had held “a lot” of Iranian money after freezing assets at a certain point in time. He emphasized that the funds, in his view, do not belong to Washington.
Trump argued that refusing to return the assets could undermine international trust in the US financial system, warning that it might discourage future investment in the dollar.
He also noted that a broader understanding between the United States and Iran includes provisions tied to sanctions relief and economic cooperation. According to the framework, Iran could gain access to reconstruction and development support, potentially involving a multi-billion-dollar investment mechanism, though only under certain conditions.
The agreement also outlines steps toward easing tensions, including reopening key maritime routes such as the Strait of Hormuz and advancing discussions on Iran’s nuclear program.
Trump stressed that sanctions relief would depend on Iran’s behavior and compliance, stating that further progress would be contingent on whether Tehran follows agreed conditions.
The proposed framework reportedly includes commitments to gradually lift various sanctions imposed on Iran, including unilateral US restrictions and certain international measures, as part of a wider diplomatic settlement still awaiting formalization.
NEWS DESK
PRESS UPDATE