Why it matters:
Abbas Araqchi, Iran’s Foreign Minister, has outlined critical steps the U.S. could take to rebuild trust with Iran, emphasizing the importance of tangible actions such as unblocking frozen Iranian funds. These remarks come amidst ongoing discussions on reviving the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA).
What he is saying:
Araqchi emphasized the following key points during his remarks:
On unblocking Iranian funds: “The release of Iran’s frozen funds, held in various countries under U.S. sanctions, could be one of the first steps to rebuild trust. These funds were unjustly blocked despite Iran honoring its commitments under previous agreements.”
On rebuilding trust: “Trust cannot be restored with one or two actions. It requires persistence, positive measures, and a shift in the U.S. administration’s stance. They know better than anyone what steps they can take to build this trust.”
On negotiation scope: Araqchi reaffirmed that future negotiations on reviving the JCPOA should remain limited to nuclear issues, avoiding the complications of additional topics.
What they are saying:
Araqchi reiterated Iran’s experience during the original JCPOA negotiations:
“In our past negotiations with the U.S., Europe, China, and Russia, we limited discussions to nuclear issues. This decision was strategic, as expanding the scope would have made success less likely.”
“While the JCPOA was an achievement in reaching an agreement, the West’s failures in implementing it and the U.S.’s withdrawal in 2018 turned it into a negative experience for Iran.”
Key Points:
Iran demands concrete actions, such as the release of frozen assets, to build trust.
Reviving the JCPOA must remain focused on nuclear issues to prevent unnecessary complications.
Iran remains open to broader dialogue if positive experiences emerge from nuclear negotiations.
Go Deeper:
The path ahead: Iran has signaled willingness to engage in potential talks to restore the JCPOA, but progress hinges on the U.S.’s ability to demonstrate genuine commitment.
Context: Unfreezing Iranian funds is not only a symbolic gesture but also a practical step toward economic relief for Iran amidst ongoing sanctions.
Next steps: A successful JCPOA revival could pave the way for broader discussions on regional and international issues, but only if trust is restored through concrete measures.