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US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

China

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman
China

China

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

2026-06-16 12:07 Last Updated At:16:17

Iran said on Monday that once a memorandum of understanding (MoU) with the United States is formally signed, the two key remaining topics are the lifting of all sanctions and nuclear issues.

Iran, the United States and Pakistan early on the day announced the finalization of the MoU on ending the war following weeks of negotiations, adding that it will be officially signed in Switzerland on Friday.

Speaking to reporters in Tehran, Iranian Foreign Ministry spokesman Esmaeil Baghaei responded to the upcoming signing, detailing the issues that would be taken up after the signing.

"According to this Memorandum of Understanding, the US is obligated to lift all sanctions against Iran, including both primary and secondary sanctions, as well as all United Nations Security Council sanctions and the relevant resolutions of the IAEA Board of Governors and the Agency itself. This issue, together with the nuclear file, forms part of the topics to be discussed the day after the signing of the Memorandum of Understanding, with the goal of reaching a mutual understanding and agreement on them within 60 days," said Baghaei.

He also listed some of the other provisions in the MoU.

"The release of Iran's blocked or restricted assets, alongside reconstruction and compensation for damages, constitute two important issues from an economic perspective. Under this Memorandum of Understanding, the US commits to taking concrete actions regarding both matters," he said.

On Feb. 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region, and tightened its grip on the Strait of Hormuz, barring safe passage of vessels belonging to or affiliated with Israel and the United States.

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

US, Iran to discuss sanctions, nuclear issues in post-signing talks: Iranian FM spokesman

The resilience of China's bulk commodity market is coming into sharper focus as market expectations improve and industry operations hold steady, despite global economic and geopolitical headwinds, the China Federation of Logistics and Purchasing (CFLP) said in a report released on Tuesday.

Against a backdrop of mounting macroeconomic headwinds, intensifying external shocks, and persistent market fragmentation, China's bulk commodity market has distinguished itself through rising trade resilience and accelerated capacity building -- the defining features of its performance through 2025 and into 2026, according to the report.

Industry experts said that the global economy is undergoing its most profound restructuring in decades. Geopolitical friction, wild market swings, and other intertwined factors have thrust the bulk commodity sector into uncharted waters. Yet China possesses the world's largest demand market for bulk commodities, a complete manufacturing system, a robust port and logistics network, and increasingly sophisticated futures and financial markets -- all of which form a solid foundation for weathering external shocks.

Despite unprecedented economic uncertainties, the report said, China's goods trade maintained strong resilience in 2025, with imports of major bulk commodities staying at elevated levels. Crude oil, iron ore, soybeans, and other key varieties continued to register large import volumes, underscoring the country's enduring capacity to absorb global supplies.

In May, China's bulk commodity price index stood at 132.5, up 0.3 percent month-on-month -- marking the third consecutive monthly increase and providing clear evidence that market expectations are steadily rebounding and the sector is improving on a stable footing.

Looking further ahead, the report said that competition in global commodity will increasingly play out across four interconnected arenas: data, carbon, finance, and regulatory frameworks.

"Going forward, China's bulk commodity sector must translate its scale advantage into greater influence over global resource allocation, and steer its trade and business models toward integrated supply chain services that cover the entire industrial chain. That means connecting the full loop of digitalization, logistics, capital flow, and billing, while raising the industry's level of specialization and compliance," said He Hui, vice president of the CFLP.

China's bulk commodity market stays resilient amid external headwinds: report

China's bulk commodity market stays resilient amid external headwinds: report

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