There are still many details to be finalized regarding the preliminary peace deal between the United States and Iran, Vice President JD Vance stated in an interview on CNBC on Monday.
Vance also mentioned that the United States anticipates the Strait of Hormuz will remain open without tolls in the long term after the signing, which is scheduled for Friday.
The agreement, announced on Sunday, aims to extend the US-Iran ceasefire for 60 days and establish a framework for future negotiations regarding critical issues. However, the text of the preliminary deal has not yet been released.
"That's the sort of thing that we're going to figure out in these technical negotiations," Vance said regarding the Strait.
"You know that there are a lot of very important details to figure out that we're actually going to sit at the table and discuss together and figure out a path forward." He said.
Iran's nuclear program
Included in the details yet to be determined is the conclusion of Iran's nuclear program.
Vance made it clear that while Iran has “committed to destroy and dispose of their stockpile of highly enriched material,” the process for doing so has not been outlined.
“And what we’ve said is, okay, let’s discuss exactly how we’re going to achieve that,” he stated.
“They want access to an unsanctioned economy. We’ve talked about, ‘OK, we’re open to that,’ but that would require a long-term commitment to the inspection and verification regime,” he continued.
Regarding who would be in attendance at the signing on Friday, Vance told CNBC that Iran’s foreign minister, Abbas Araghchi, is expected to be involved, as well as its parliamentary speaker, Mohammad Bagher Ghalibaf.
He did not say who would represent the US at the signing.
When discussing Israel's involvement in the agreement, Vance noted, “I think there are elements in Israel who like the agreement.” He added, “Israel will certainly have a place at the negotiating table in the new Middle East.”