The funds released by Iran will be spent on buying US agricultural products – the US has rejected the claim that the US leader Mohammad Bagher Gallibaf has been accused of trying to divert the terms of a fragile cease-fire agreement.
Earlier, US President Donald Trump and country officials claimed that the initial financial discount for Iran under the MoU, mediated by Pakistan, would be used to buy corn, wheat and soybeans from US farmers.
Trump said the money would not go directly to Tehran, but would go to US farmers and it would be spent on Iran's food crisis.
US Finance Minister Scott Besent recently told CNBC that treasury officials in Qatar will oversee the use of the funds and ‘major’ it will be spent on buying US food and medicines.
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Meanwhile, US Vice President Jedi Vance said that Iran's unrelenting resources will ultimately enrich US farmers and be used to provide food for the people of Iran.
Iran has reacted strongly to US officials' statements, saying that the country's officials said months after the war, There was no major crisis in food supply.
Iran's Agriculture Minister Golamreza Nauri Gazelzeh recently said that the country is currently about 85 percent self-sufficient in food and as a result, the country's agricultural production has increased from 28 milli tonnes to 139 millisan tonnes before the Islamic Revolution.
Iranian officials strongly rejected the US's ‘distorted commentary’ on the June 17 agreement. The central bank governor Abdolnaser Hemmatti said the signing of the MoU, Tehran, has ‘no obligation to buy agricultural inputs from America’.
Ismail Baghai, a spokesman for the country's foreign ministry, said the free money would be used to buy goods from any country as per Iran's needs, and if the purchase of agricultural products would be based on price and quality, not under the conditions of Washington.
