U.S. Vice President JD Vance said in an interview on CNBC that any agreement with Iran will include a two-stage verification process. He noted that this approach will ensure the transparency and credibility of the deal.
Vance also stressed that Washington expects the Strait of Hormuz to remain open to international shipping without the imposition of transit fees. He acknowledged, however, that many details still need to be worked out in the ongoing talks with Tehran.
The Vice President underlined that during negotiations, Washington will determine “where Tehran is willing to make concessions.” He noted that open issues remain which require further discussion before the deal can be finalized.
When asked who would represent Iran at the signing ceremony, Vance said the U.S. expects the participation of the speaker of the Iranian parliament, the foreign minister, and other Iranian officials.
Earlier on Monday, Iran’s state-linked Fars news agency reported that the U.S. had agreed to allow Iran to collect transit fees for passage through the Strait of Hormuz after a 60-day period. According to the agency, a clause covering “fees” for maritime services through the Strait was added to the U.S.-Iran agreement, with Washington accepting that ships would pay for passage.
