U.S. President Donald Trump stated that the United States may seek a “joint venture” with Iran to safeguard the Strait of Hormuz, following his announcement of a two-week ceasefire.

Axar.az reports, citing ABC, that “We’re thinking of doing it as a joint venture. It’s a way of securing it — also securing it from lots of other people,” Trump said when asked whether he would allow Tehran to charge tolls for shipping through the strategic waterway.

Trump emphasized that he would not permit Iran to maintain any uranium enrichment capabilities, despite Tehran’s repeated insistence on retaining that right. “There will be no enrichment,” he stated.