Vice President JD Vance said Monday that the Trump administration achieved every major objective it set out to accomplish during high-level negotiations with Iran in Switzerland, while emphasizing that a final agreement has not yet been reached.

Speaking to reporters following the talks in Bürgenstock, Vance downplayed Iran’s criticism of the negotiations.

“There was a little bit of whining from the Iranians,” Vance said. “But I think that’s to be expected.”

Vance said the administration entered the talks with four primary goals, and all four were successfully met.

The first objective was establishing a mechanism to prevent tensions in the Strait of Hormuz from escalating into a broader conflict. Vance said negotiators created a framework to manage future incidents and ensure the continued safe passage of commercial shipping, noting that oil and gas traffic through the strategic waterway has already increased.

The second goal was preserving regional stability by creating direct communication channels to quickly address future flareups involving Israel, Hezbollah, or other regional actors.

“We wanted to make sure that if there is shooting … we’re actually talking to each other and figuring out how to stop the shooting,” Vance said.

The third objective, which Vance called the most significant achievement for Americans, was Iran’s agreement to invite inspectors from the International Atomic Energy Agency (IAEA) back into the country.

“The Iranians have agreed to invite IAEA inspectors back into their country. That is a major milestone for the American people,” he said.

Finally, Vance said the talks successfully established the technical framework for continued negotiations involving the United States, Iran, Qatar, and Pakistan.

“The final deal is the house. We set the foundation,” Vance said. “We haven’t built the house, but we’ve laid a successful foundation to get to a good place for the American people.”

While acknowledging that difficult issues—including Iran’s nuclear program and economic matters—remain unresolved, Vance expressed confidence that the negotiations have moved in the right direction.

“A lot of progress, but still some work to do,” he said.

Addressing reports that a future agreement could involve the release of frozen Iranian assets, Vance insisted that any such funds would be subject to strict oversight and could not be used to finance terrorism.

According to Vance, any assets released under a future agreement would require approval from both the United States and Qatar before being spent exclusively on American agricultural products—including soybeans, corn, and wheat—that would be delivered to the Iranian people.

“If there is any frozen Iranian assets that are unfrozen, then we have approval over that process, the Qataris have approval over that process,” Vance said. “The money would actually go to buy American soy, American corn and American wheat for the benefit of the Iranian people.”

He argued that the arrangement would benefit both American farmers and ordinary Iranians while preventing the regime from diverting the funds to terrorist proxies.

“Fundamentally, what Jared [Kushner] and the Qataris and the entire team here in Bürgenstock accomplished is, to me, a classic Trump deal,” Vance said. “If Iranian assets are ever unfrozen, they’re going to go to make American farmers richer and to feed the Iranian people.”

“That’s a very, very good and very classic Trump deal,” he added. “That’s great for our people, great for the people of Iran.”

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