The Trump administration released a draft of a 14-point memorandum of understanding (MOU) between the United States and Iran on June 17. The following 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 initiating hostile actions or military operations and to exercise restraint in the use of force.
- The U.S. and Iran will respect each other's sovereignty and territorial integrity, refraining from interference 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 upon signing the MOU, the U.S. will begin to lift maritime blockades and disruptions 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 following the removal of technical and military obstacles, including mine clearance.
- The U.S. will prepare a reconstruction and economic development plan for Iran worth at least $300 billion in collaboration with regional partners. The implementation details will be finalized as part of the agreement within 60 days, with the U.S. providing necessary permits and waivers for related financial transactions.
- 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 the minimum requirement being low-enrichment under IAEA supervision within Iran. 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 commit to maintaining 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 implementation of the MOU. The release of funds will be mutually agreed upon during negotiations, and the funds will be paid 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 maintenance of key provisions such as the lifting of maritime blockades, resumption of shipping, sanctions waivers, and the use of 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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