Iran Signals Energy, Mining and Aircraft Deals in Renewed Nuclear Talks With U.S.

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ran Signals Energy, Mining and Aircraft Deals in Renewed Nuclear Talks With U.S.

Iran has indicated that potential agreements in the energy, mining and aviation sectors could form part of ongoing negotiations with the United States, as both sides prepare for another round of nuclear discussions in Geneva.

Talks between Tehran and Washington resumed earlier this month in an effort to address tensions over Iran’s nuclear programme and reduce the risk of military escalation. A second meeting is expected to take place in Switzerland, with Oman acting as mediator.

Tehran Seeks Economic Gains From Any Deal

Hamid Ghanbari, Iran’s deputy foreign ministry director for economic diplomacy, said any agreement must generate tangible economic returns for both countries.

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“For the sake of an agreement’s durability, it is essential that the U.S. also benefits in areas with high and quick economic returns,” Ghanbari said, according to Iran’s semi-official Fars news agency.

He added: “Common interests in the oil and gas fields, joint fields, mining investments, and even aircraft purchases are included in the negotiations.”

Iranian officials argue that the 2015 nuclear agreement with world powers did not secure long-term U.S. economic interests, a factor they suggest contributed to Washington’s withdrawal from the accord in 2018 under then-President Donald Trump. After pulling out of the deal, the United States reinstated sweeping sanctions on Tehran.