Iranian central bank governor Hemmati told Tasnim the country is not obliged to use unfrozen funds to purchase U.S. agricultural products, responding to President Trump’s assertion that the funds should be spent entirely on U.S. farm exports. Hemmati said the use of the initial $6 billion will follow a 2023 Iran–U.S. memorandum of understanding and cover basic commodities and medicines, and that Iran would not rule out buying U.S. goods if price and quality are preferable.

2026-06-23

Iranian central bank governor Hemmati told Tasnim the country is not obliged to use unfrozen funds to purchase U.S. agricultural products, responding to President Trump’s assertion that the funds should be spent entirely on U.S. farm exports. Hemmati said the use of the initial $6 billion will follow a 2023 Iran–U.S. memorandum of understanding and cover basic commodities and medicines, and that Iran would not rule out buying U.S. goods if price and quality are preferable.

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2026-06-23

ECB Governing Council member Kazimir said damage from the Middle East conflict cannot be reversed overnight and any adjustments must be data-dependent.

2026-06-23

CHINA'S LI met South Korea's Prime Minister Kim Min‑seok in Dalian on the sidelines of the Summer Davos Forum. Both sides pledged to accelerate Phase II talks on a bilateral free trade agreement to broaden and upgrade bilateral trade. China called for deeper industry and value‑chain integration, aiming to consolidate traditional industrial cooperation and expand ties in semiconductors, artificial intelligence, new energy and biopharma. The two governments said they would deepen supply‑chain coop