U.S. Treasury website shows the U.S. announced new Iran-related sanctions.

China's State Council issued the "15th Five‑Year Plan to Accelerate Agricultural and Rural Modernization", calling for market measures to boost agri‑equipment and low‑altitude services. Key measures: accelerate R&D and deployment of high‑end intelligent agricultural machinery and equipment suited to hilly/mountainous areas; systematically advance new‑energy agricultural machinery R&D, industry coordination and supporting infrastructure; strengthen independent R&D for modern facility‑agriculture equipment and phase upgrade of outdated facilities. The plan directs selective cultivation of leading ag‑equipment manufacturers, manufacturing "single champion" firms and specialized, innovative SMEs, and supports production‑line tech upgrades and accelerated digitalization to form advanced manufacturing and SME industry clusters. It also promotes orderly development of China's low‑altitude aerial economy (drones/low‑altitude services) and implements purchase/use subsidy rules favouring higher‑quality machines, an "in with new, out with old" replacement mechanism, and scrapping/replacement of obsolete farm machinery.

Iran is still assessing the final text of the memorandum of understanding and has not yet responded to the U.S., a source told Xinhua. The source said Tehran is being especially cautious because of historical U.S. non-compliance and long-standing mutual distrust, and that Iran seeks concrete benefits based on past experience.