A senior U.S. official has disclosed the details of a memorandum of understanding to terminate hostilities between the United States and Iran, as reported during a press briefing with reporters.
This detailed account, provided by the Trump administration, outlines the agreement which is set to be formalized in a joint ceremony on Friday.
Here is the official’s verbatim account of the 14-point agreement:
One:
The United States and Iran, together with their respective allies engaged in hostilities, commit to the immediate and permanent cessation of all military operations across all fronts, including in Lebanon. They pledge not to initiate any military action against one another and to refrain from threats or the use of force, thereby safeguarding the territorial integrity and sovereignty of Lebanon. The final agreement will confirm the definitive end of the war on all fronts.
Two:
The United States and Iran commit to respecting each other’s sovereignty and territorial integrity and to abstaining from interference in each other’s internal affairs.
Three:
The United States and Iran agree to negotiate and finalize the agreement within 60 days, extendable only by mutual consent.
Four:
Upon signing the MOU, the United States will immediately commence the removal of its naval blockade and any impediments to Iran, completing the lifting of the blockade within 30 days. Vessel traffic will be restored in proportion to pre-war levels as Iran reinstates normal operations. Additionally, U.S. forces will withdraw from areas adjacent to Iran within 30 days of the final deal.
Five:
Iran will facilitate the free and safe passage of commercial vessels through the Persian Gulf and the Sea of Oman for 60 days at no cost, with vessel traffic commencing immediately. It will initiate demining and removal of technical and military obstacles within 30 days. Iran will engage in discussions with the Sultanate of Oman and other Persian Gulf states regarding the future administration and maritime services of the Strait of Hormuz, in accordance with international law and the sovereign rights of coastal states.
Six:
The United States, in coordination with regional partners, will develop a mutually agreed reconstruction and economic development plan for Iran, committing a minimum of $300 billion. The implementation mechanism will be finalized within 60 days as part of the final deal, and the United States will provide all necessary licenses, waivers, and permissions for financial transactions.
Seven:
The United States commits to terminating all sanctions against Iran, including UN Security Council resolutions, IAEA Board resolutions, and unilateral U.S. sanctions (primary and secondary), through a mutually agreed schedule as part of the final deal. Both parties acknowledge the critical nature of sanctions determination and agree to address these issues immediately in negotiations to reach mutual agreement.
Eight:
Iran reaffirms its commitment not to procure or develop nuclear weapons. The United States and Iran agree to resolve the disposition of stockpiled enriched material through a mutually agreed mechanism, involving on-site downblending under IAEA supervision as outlined in paragraph seven. They will also discuss Iran’s nuclear enrichment and related needs within a satisfactory framework to be established in the final deal, with both parties committing to address these issues immediately to achieve mutual agreement.
Nine:
Pending the final agreement, both parties agree to maintain the status quo: Iran will preserve its current nuclear program, and the United States will refrain from imposing new sanctions or deploying additional forces in the region.
Ten:
Upon signing the MOU and until sanctions are terminated, the U.S. Department of the Treasury will issue waivers permitting the export of Iranian crude oil, petroleum products, and derivatives, as well as related services such as banking, insurance, and transportation.
Eleven:
The United States commits to making all frozen assets and funds of Iran fully accessible for use. Upon implementation of the MOU, both parties will agree on procedures for releasing these assets during negotiations. The assets, whether held in their original accounts or transferred, will be made available for payments to beneficiaries designated by Iran’s Central Bank, and the United States will issue all necessary licenses and authorizations.
Twelve:
The United States and Iran agree to establish an executive mechanism for monitoring the implementation of this MOU and ensuring compliance with the final deal.
Thirteen:
After signing the MOU and upon initiating the implementation of paragraphs 1, 4, 5, 10, and 11, and continuing these measures, the United States and Iran will commence exclusive negotiations on the remaining provisions for the final deal.
Fourteen:
The final deal will be endorsed through a binding United Nations Security Council resolution.
