Skip to main content

Global News

Iran secured export waivers, release of frozen assets and launch of reconstruction plan, says Araqchi

Iran's Foreign Minister Abbas Araqchi shakes hands with Pakistan's Prime Minister Shehbaz Sharif next to Pakistan's Chief of Army Staff Field Marshal Asim Munir prior to a quadrilateral meeting between the United States, Iran, Pakistan and Qatar at the Burgenstock luxury hotel complex overlooking Lake Lucerne, Switzerland, on June 21, 2026. Fabrice Coffrini/Pool via REUTERS
Iran's Foreign Minister Abbas Araqchi shakes hands with Pakistan's Prime Minister Shehbaz Sharif next to Pakistan's Chief of Army Staff Field Marshal Asim Munir prior to a quadrilateral meeting between the United States, Iran, Pakistan and Qatar at the Burgenstock luxury hotel complex overlooking Lake Lucerne, Switzerland, on June 21, 2026. - Fabrice Coffrini/via REUTERS
Advertisement

IRAN had secured waivers for oil and petrochemical exports, the release of some frozen assets and the launch of a reconstruction and development plan, Foreign Minister Abbas Araqchi said in a post on X on Monday (June 22) after U.S.-Iran talks in Switzerland.

In his post, Araqchi also thanked the “tireless Pakistani and Qatari” mediators for delivering “major progress to end (the) Lebanon War.”

Advertisement

The first round of talks between high-ranking U.S. and Iranian officials ended Monday, mediators said, after a tense opening marked by Tehran's announcement it had again closed the Strait of Hormuz and U.S. President Donald Trump repeating his threats to resume attacks on Iran.

A joint statement from mediating nations Qatar and Pakistan said the U.S. and Iran agreed to a roadmap toward a final deal within 60 days. Technical talks will continue for the rest of the week in the Qatari-owned Swiss mountain resort of Buergenstock, according to the statement, which was released by the Qatari foreign ministry.

The parties agreed to a mechanism to end the fighting in Lebanon and opened a communications line to help ensure safe passages for commercial ships through the contested strait, the statement said.

U.S. Vice President JD Vance began talks with Iranian officials on Sunday (June 21) under the terms of a memorandum of understanding reached last week to extend a tenuous ceasefire from April for at least another 60 days. The discussions continued until the early hours of Monday. 

Must Watch Video