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Iran28 September, 20262 min read

Abbas Araghchi Presents U.S. Response to President Masoud Pezeshkian at Cabinet Meeting

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Araghchi presented U.S. officials' proposal to President Pezeshkian. U.S. feedback on a seven-day trust-building plan came via Qatari mediators.

Abbas Araghchi Presents U.S. Response to President Masoud Pezeshkian at Cabinet Meeting
Image: Scripps News
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US response reaches Tehran

Iranian Foreign Minister Abbas Araghchi presented an official U.S. response to President Masoud Pezeshkian at a Cabinet meeting, government spokesperson Fatemeh Moherani said.

Pezeshkian told the Cabinet, “We will make every effort to bring the agreement to fruition and will firmly stand up for the rights of the Iranian people,” and he added, “The agreement must now be based on a win-win strategy.”

Image from CBS News
Image: CBS News

Araghchi had returned to Iran after traveling to New York for the U.N. General Assembly, where officials held indirect talks with U.S. officials and met with Qatari and Pakistani mediators on the sidelines.

Araghchi last week said he floated the proposal to reopen the Strait of Hormuz in a week if the U.S. agreed to lift its blockade of Iranian ports, release frozen Iranian assets and waive sanctions on Iranian oil sales, among other conditions.

Trump publicly rejected the proposal, saying Iran wanted to make a deal because it was “losing so badly” but that its offer “would not be acceptable.”

Reporting for this sectionBaltimore Sun

Trust-building plan and mediation

Abbas Araqchi received U.S. feedback via Qatari mediators in Doha on a seven-day plan aimed at building trust between Washington and Tehran, with sequencing the main sticking point.

The document being circulated outlined a seven-day period of trust-building aimed at returning the two sides to an enhanced version of the memorandum of understanding agreed in June, including concrete steps on Iran's nuclear programme.

Abbas Araghchi told reporters in New York, “I said that we are waiting for an official response from America through the intermediary.”

Trump wrote on Truth Social that “Axios just released a story that “Trump” offered Sanctions Relief and Frozen Funds to Iran. This is untrue. I offered them NOTHING!”

U.S. Ambassador to the UN Mike Waltz said, “We want our moneys, our assets, which are illegally frozen, to be released.”

Reporting for this sectionReutersCBS News

Sanctions, executions, and fallout

The U.S. Treasury Department unveiled new sanctions targeting people and companies around the globe that it accuses of being financial facilitators or enablers of Iran’s military supply chain as the prospect of an agreement appeared uncertain.

“Trump is trapped in a quagmire where he can neither negotiate nor fight.”
CBS News

Ten individuals and entities based in Iran, Hong Kong and Pakistan now face sanctions, and the action was part of the administration’s “Operation Economic Outcast” campaign.

Maj. Gen. Mohsen Rezaei told Azerbaijan’s deputy prime minister, Shahin Mustafayev, “We stated our conditions, but Trump is incapable of decision-making,” and Rezaei added, “Trump is trapped in a quagmire where he can neither negotiate nor fight.”

Two men were executed in Iran over their role in violence during nationwide anti-government protests in January, and IRNA said the unrest in Mashhad left four members of the security forces dead.

Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar.

Reporting for this sectionBaltimore SunCBS News