US-Iran negotiations concluded constructively in Switzerland overnight and technical talks will continue this week, according to mediators, after President Donald Trump’s threats stalled progress.
Iran’s Foreign Minister Abbas Araghchi said sanctions on his country’s oil had been waived and some of its assets frozen abroad had been released. He also said “a major reconstruction and development plan for Iran has been launched.”
Mediators Pakistan and Qatar said the US and Iran agreed to establish a High Level Committee to provide “political oversight on the mediation.” Negotiators reporting to the committee will lead groups focused on nuclear issues, sanctions, and other means to implement…