SME Times is powered by   
Search News
Just in:   • Seoul stocks extend losses as AI, US inflation concerns persist  • Rupee rises 32 paise as forex measures and lower crude support sentiment  • Indian equity markets open higher despite weak global cues; IT and FMCG shares lead  • Over 21,000 coir units register on 'Udyam' portal, exports surge 305 pc in a decade  • India’s manufacturing sector undergoes structural change under BHAVYA scheme 
Last updated: 29 Aug, 2026  

iran.jpg Willing to negotiate with US but remains wary: Iranian President

iran.jpg
   Top Stories
» Indian equity markets open higher despite weak global cues; IT and FMCG shares lead
» Over 21,000 coir units register on 'Udyam' portal, exports surge 305 pc in a decade
» India must build critical materials ecosystem for chip industry: Vaishnaw
» Sensex, Nifty open flat; IT and realty stocks lead gains
» Rupee opens higher at 95.76 vs US dollar after RBI measures
IANS | 29 Aug, 2026

Iranian President Masoud Pezeshkian has said that Iran will negotiate with the United States, but remains wary of Washington, stressing that Tehran will honour its commitments only if the other side does the same.

Pezeshkian made the remarks in a televised interview broadcast on Friday night (local time), responding to questions about whether ongoing diplomatic efforts could revive the peace memorandum of understanding (MoU) signed by Iran and the United States in June and restore the Iranian nation's rights.

"We can move forward" if Iran's actions are met with reciprocal and proportional actions from the other side, the Iranian president said, acknowledging that the two sides might not achieve all their objectives.

Under the MoU, the United States was expected to lift a naval blockade and oil and petrochemical sanctions against Iran and release Iranian frozen assets.

Pezeshkian said Iran had exported nearly 90 million barrels of oil during the period when the agreement was being implemented, reports Xinhua news agency.

"The main issue is that we must be committed to the MoU we have written. When we sit down at the negotiating table, we can talk to them," he said.

On June 18, the United States and Iran signed the deal on ending the war in the region on all fronts, including Lebanon. Under the MoU, they were scheduled to hold negotiations within 60 days, which ended on Aug. 17, to reach a final agreement.

The talks' fate remains unclear following the escalation between the two countries last month.

Pezeshkian's comments came as Iran continues to grapple with economic pressures at home.

In a separate message Friday marking Government Week, Iranian Supreme Leader Mojtaba Khamenei called for "serious" attention to economic and livelihood challenges, including inflation, unemployment and the management of prices and markets.

Iran needs stronger economic growth, increased investment and a production boost, Khamenei said, describing greater reliance on domestic production as key to addressing the country's economic difficulties.

Where domestic production cannot meet demand, imports should be used "properly and wisely," he said.

Khamenei also called for maintaining national unity and protecting social cohesion, warning against using statements that lead to hopelessness and weaken national and public motivation.

The remarks came amid intensified US economic pressure on Iran. Earlier this month, US President Donald Trump announced "the most crushing economic operation ever taken" against any country providing a lifeline to Iran.

"This will be Economic Warfare and Isolation on an unprecedented scale," Trump said in a social media post, calling the move "an ECONOMIC D-DAY."

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹96.5
₹94.8
UK Pound
₹132.25
₹128.15
Euro
₹113.6
₹109.8
Japanese Yen ₹61.3 ₹59.45
As on 03 Sep, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter