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Iran Foreign Minister Says Details of US Agreement Will Be Released at an Appropriate Time

Source
JH Kim

Summary

  • Iran’s foreign minister said details of the agreement with the US would be released at an appropriate time.
  • Even as claims emerged that a US-Iran agreement was effectively in its final stage, a final decision and formal approval have not yet been completed.
  • Market participants said US-Iran negotiations have made substantial progress, but a cautious approach is still needed until the final text is confirmed.

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Iran’s foreign minister said details of any agreement with the US would be released at an appropriate time.

Walter Bloomberg reported on June 12 that the minister said "all details will be shared with the public at the appropriate time" in line with Iran’s "responsible and transparent approach."

The remarks came after President Donald Trump said an agreement with Iran was effectively in its final stages and could be signed soon.

Iran’s Foreign Ministry had earlier said no final decision had been made on an agreement with the US and that a review by relevant authorities was still under way.

Fars, Iran’s semi-official news agency, also reported that the US had accepted Iran’s proposed draft. It said approval was likely, though a final agreement had not yet been reached.

Market participants view the US-Iran talks as having made substantial progress. Still, caution is warranted until both sides complete formal approval procedures and finalize the text.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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