The Trump administration released a draft of a 14-point Memorandum of Understanding (MOU) between the United States and Iran on June 17. Below is a summary of the draft's key points.
- The U.S., Iran, and current allies in the conflict will immediately and permanently cease military operations on all fronts, including Lebanon, upon signing the MOU. Both sides agree to refrain from hostile actions or military operations against each other and to avoid threats or use of force.
- Both nations will respect each other's sovereignty and territorial integrity and will not interfere in each other's internal affairs.
- Negotiations will aim to finalize the agreement within 60 days, with the possibility of extension upon mutual consent.
- Immediately after signing the MOU, the U.S. will begin lifting maritime blockades and disruptive measures against Iran, fully normalizing shipping within 30 days. U.S. troops near Iran will withdraw within 30 days following the final agreement.
- Iran will work to ensure the safe passage of commercial vessels between the Persian Gulf and the Gulf of Oman for 60 days after signing the MOU. Shipping will resume immediately, with normalization expected within 30 days after removing technical and military obstacles and clearing mines.
- The U.S. will prepare a reconstruction and economic development plan for Iran worth at least $300 billion, with implementation methods finalized as part of the agreement within 60 days. Necessary permits and waivers for related financial transactions will be granted by the U.S.
- All types of sanctions against Iran, including those from U.N. Security Council resolutions, International Atomic Energy Agency (IAEA) board resolutions, and U.S. sanctions, will be lifted according to the timeline of the final agreement.
- Iran will reaffirm its commitment not to procure or develop nuclear weapons. Both sides will agree on how to handle Iran's stockpile of enriched uranium, with at least minimal processing to occur within Iran under IAEA supervision. Issues related to enrichment and Iran's nuclear needs will be addressed in the final agreement.
- Until the final agreement is reached, both sides will maintain the status quo. Iran will keep its nuclear program as is, while the U.S. will not impose new sanctions or deploy additional troops to the region.
- The U.S. Treasury will issue waivers allowing the export of Iranian crude oil, petroleum products, and related services from the signing of the MOU until sanctions are lifted. This includes banking transactions, insurance, and transportation.
- The U.S. will allow the use of frozen or restricted funds and assets of Iran upon MOU implementation. The process for releasing funds will be mutually agreed upon during negotiations, and the funds will be payable to the final recipient designated by the Central Bank of Iran.
- Both sides will establish enforcement procedures to monitor compliance with the MOU and the future final agreement.
- Negotiations for the final agreement will commence, contingent upon the implementation and ongoing maintenance of key provisions such as lifting maritime blockades, resuming shipping, granting waivers, and utilizing frozen assets.
- The final agreement will be approved by a binding U.N. Security Council resolution.
* This article has been translated by AI.
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