Fars: Tehran demands concrete economic guarantees in potential US deal

Iran will only agree to sign a preliminary agreement with the United States and proceed to final negotiations if it results in “tangible economic benefits” for the country, according to Fars News Agency.

The report states that the final content of any possible agreement between Tehran and Washington will depend on a “precise calculation of economic gains for the Iranian people.”

One of the central components of the economic package is the issue of unfreezing Iranian assets. The United States prefers to postpone this matter, while Iran considers it a “red line” and is unwilling to soften its position.

Another key issue is the lifting of sanctions on Iranian oil and petroleum exports. According to the agency, Iran could earn around $10 billion from oil sales over a 60-day negotiation period expected under the framework of a final settlement process.

By Jeyhun Aghazada