Odaily reported that Iran’s Mehr News Agency has published the detailed terms of a 14-point memorandum of understanding between Iran and the United States. The reported text covers an immediate cessation of war, respect for Iranian sovereignty, U.S. military deployment around Iran, maritime access, sanctions on oil and petrochemical sales, the release of frozen funds, nuclear negotiations, monitoring arrangements, and approval of a final agreement. The item was attributed to Jinshi in the original report.
Ceasefire, U.S. Commitments and Maritime Access
According to the published terms, war would be permanently and immediately stopped on all fronts, including Lebanon. The United States commits not to interfere in Iran’s internal affairs and to respect Iran’s sovereignty. The terms also state that the United States commits to withdraw forces from around Iran. During negotiations, the United States would not send additional troops to the region and would not impose new sanctions.
The memorandum also addresses maritime restrictions. It states that the maritime blockade on Iran would be completely lifted within 30 days. Under arrangements made by Iran, the Strait of Hormuz would reopen within 30 days. The text further says sanctions on the sale of Iranian oil, petrochemical products and related derivatives would be suspended, and Iran would be allowed full use of its financial resources.
Sanctions Relief, Frozen Funds and the Nuclear Track
On economic reconstruction, the terms say the United States and its allies need to provide Iran with a reconstruction plan of at least $300 billion. During the 60-day period for final negotiations, $24 billion in frozen Iranian funds would be released, with half of that amount required to be made available to Iran before negotiations begin. The memorandum also calls for the establishment of a monitoring mechanism to implement the agreement.
For the nuclear issue, the published terms state that a final agreement would be reached within 60 days, alongside the full removal of U.S. primary and secondary sanctions on Iran, as well as relevant resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency. The document reaffirms Iran’s commitment under the Treaty on the Non-Proliferation of Nuclear Weapons not to develop nuclear weapons.
The terms further specify that the final agreement would be approved by a United Nations Security Council resolution. Final negotiations would begin only after half of Iran’s frozen funds are unfrozen, sanctions on Iranian oil are suspended, and the maritime blockade is lifted. The final agreement would cover only the future of enriched uranium materials and the enrichment process, sanctions relief, and Iran’s economic reconstruction plan. Issues concerning Iran’s missile program and its support for resistance organizations have been explicitly removed from the agenda.