Phil Helsel and Caroline Kenny

Vance said today that Trump “wants to make the grand bargain” on Iran and is promising economic success to the isolated country.

“He doesn’t want to make like a small deal. He wants to make the grand bargain,” Vance said at a Turning Point USA event in Georgia today.

“In Pakistan, we made a ton of progress,” he said of negotiations this weekend that failed to produce a final agreement.

“But the reason why the deal is not yet done is because the president, he really wants a deal where Iran doesn’t have a nuclear weapon, Iran is not state-sponsoring terrorism — but also, the people of Iran can thrive and prosper and join the world economy,” Vance said.

Vance described the proposal as one that could normalize economic ties with Iran.

“He’s saying if you guys commit to not having a nuclear weapon, we are going to make Iran thrive, we’re going to make it economically prosperous, and we’re going to invite the Iranian people into the world economy,” Vance said.

“And that’s the kind of Trumpian grand bargain that the president has put on the table,” he said.

Vance also suggested the negotiations would continue.

“We’re going to keep on negotiating and try and make it happen, because it would be great for the world, it would be great for our country, it’d be great for everybody,” he said.

Vance also said the meeting in Islamabad was unique in allowing officials of such high positions in both the U.S. and Iranian governments to meet in person for the first time.

"We had never, the United States, had never had meetings at that level with the Iranian government in 49 years, like, it’s a meeting that had never before happened, not Democrat, not Republican," he said. "We had never had a meeting like that, where you have, you know, the person who’s effectively running the country in Iran sitting across from the vice president of the United States. That had never happened."

He added: "I know though the president of the United States told us to go out there and negotiate in good faith. That’s what we did. That’s what we’re going to keep on doing."

https://www.nbcnews.com/world/iran/live-blog/live-updates-trump-blockade-iran-war-hormuz-israel-lebanon-talks-rcna331668#rcrd107983