The US vice president has also touched on the issue of Iran’s frozen funds.

“We wanted to make sure that we set up a process where if we ever unfreeze Iranian assets, we can ensure that Iranian money goes to help the people of Iran and not to fund terrorism,” Vance told reporters in Lucerne.

“Jared Kushner actually came up with a very interesting solution with the Qataris, where basically – again if there are any frozen Iranian assets that are unfrozen – then we have approval over that process, the Qataris have approval over that process, and then the money would actually go to buy American corn and American wheat for the benefit of the Iranian people.”

JD Vance termed the idea a “classic Trump deal”. “If they are going to get this money, they are going to make American farmer richer.”