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Iran Allows Nuclear Inspectors, US May Unfreeze Assets: Vance Reveals Progress in Switzerland Talks

Published on: 22 Jun 2026, 01:13 PM
Iran Allows Nuclear Inspectors, US May Unfreeze Assets: Vance Reveals Progress in Switzerland Talks

In a significant development, US Vice President JD Vance confirmed that Iran has agreed to allow nuclear inspectors from the International Atomic Energy Agency (IAEA) access to its facilities. Speaking after talks in Switzerland, Vance indicated that in exchange, the United States is considering unfreezing Iranian assets held abroad.

The negotiations, held in a neutral location, mark a potential thaw in relations between the two countries. Iran’s compliance with inspection protocols is seen as a key step towards reviving the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA). The agreement had been on the verge of collapse after the US withdrew in 2018 under the previous administration.

Vance stated, 'Iran has shown willingness to cooperate with the IAEA. This is a positive signal. We are now reviewing the possibility of releasing frozen assets to facilitate humanitarian trade.' He did not specify the amount or timeline for the asset release.

The talks, mediated by Swiss officials, are part of ongoing efforts to de-escalate tensions and address concerns over Iran’s nuclear programme. The IAEA has previously reported that Iran enriched uranium to levels close to weapons-grade, raising alarms in the international community.

Iranian officials have not yet commented on Vance’s remarks. However, sources close to the negotiations indicate that both sides are cautiously optimistic. The release of assets could provide Iran with much-needed foreign exchange amid severe economic sanctions.

Analysts warn that any agreement remains fragile, with key differences over ballistic missile development and regional influence still unresolved. The US has maintained that it seeks a comprehensive deal that addresses all aspects of Iran’s nuclear activities.

The development comes as the Biden administration continues to seek diplomatic solutions to global security challenges. Switzerland has historically acted as a protecting power for US interests in Iran, facilitating communication between the two nations.

This report is based on official statements and reliable sources. Further updates will be provided as more information becomes available.

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