J. D. Vance: “If the Iranians have done everything we require them to do…”

“This says, for example, let's say that the United Arab Emirates been a great ally. Let's say they want to invest in a power plant in Iran. What this deal provides is that If the Iranians have done everything we require them to do, then we will allow the United Arab Emirates to [invest in Iran]. do that. They can't do that right now without American approval. So we're fundamentally saying if the Iranians transform how they interact with the world, we will transform how the world economy interacts with Iran.” (09:35–09:42)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.