SouthernWorldwide.com – The United States and the Islamic Republic of Iran have signed a Memorandum of Understanding (MOU) that outlines the terms of an agreement brokered by the Trump administration. The document was released on Wednesday, detailing the framework for a potential comprehensive deal.
President Donald Trump formally signed the MOU after the conclusion of the G7 summit held at the Palace of Versailles. A formal signing ceremony for the broader agreement is scheduled for Friday. The President’s signature officially put a 60-day ceasefire and negotiation framework into effect.
The full text of the MOU outlines several key provisions agreed upon by both nations.
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1. Both the United States of America and the Islamic Republic of Iran, along with their respective allies in the ongoing conflict, have declared the immediate and permanent cessation of military operations across all fronts, including in Lebanon. They have committed to not initiating any new wars or military actions against each other and to forgo the threat or use of force. The agreement also ensures the territorial integrity and sovereignty of Lebanon. The final deal is expected to solidify the permanent end of hostilities on all fronts, including Lebanon, and incorporate other stipulations from this paragraph.
2. The United States of America and the Islamic Republic of Iran have pledged to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in internal affairs.
3. Both nations have committed to negotiating and finalizing a comprehensive deal within a maximum of 60 days, with the possibility of extension through mutual consent.
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4. Immediately following the MOU’s signing, the United States will commence the removal of its naval blockade and any other impediments affecting the Islamic Republic of Iran. The complete lifting of the naval blockade is expected within 30 days. During this transitional period, vessel traffic will be restored in proportion to pre-war levels facilitated by Iran. The U.S. also commits to withdrawing its forces from the vicinity of Iran within 30 days after the final deal is concluded.
5. Upon signing the MOU, the Islamic Republic of Iran will, to the best of its ability, facilitate the safe passage of commercial vessels through the Persian Gulf to the Sea of Oman and vice versa, free of charge for a period of 60 days. Commercial vessel traffic is set to commence immediately, with full operational status expected within 30 days, accounting for the necessary removal of technical and military obstacles and demining by Iran. Iran will engage in discussions with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in consultation with other Persian Gulf littoral states, in accordance with applicable international law and the sovereign rights of the coastal states.
6. The United States, in collaboration with regional partners, will develop a definitive, mutually agreed-upon plan for the reconstruction and economic development of the Islamic Republic of Iran, with an estimated commitment of at least USD 300 billion. The implementation mechanism for this plan will be finalized as part of the comprehensive deal within 60 days. The United States will grant all necessary licenses, waivers, and permissions for the relevant financial transactions.
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7. The United States commits to terminating all sanctions against the Islamic Republic of Iran, encompassing United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral U.S. sanctions, both primary and secondary, according to an agreed-upon schedule within the final deal. Both Iran and the U.S. recognize the critical importance of sanction termination and intend to address these issues promptly in negotiations to reach mutual agreement.
8. The Islamic Republic of Iran reaffirms its commitment not to procure or develop nuclear weapons. The United States and Iran have agreed to a mechanism for resolving the disposition of enriched material stockpiles, to be mutually agreed upon in accordance with the schedule mentioned in Paragraph 7. The primary method will involve downblending on-site under IAEA supervision. The parties will also discuss enrichment and other mutually agreed matters related to Iran’s nuclear needs, based on a satisfactory framework to be established in the final deal. The final agreement will confirm the provisions of this paragraph. Both nations acknowledge the critical importance of these nuclear issues and express their intent to address them immediately in negotiations to achieve mutual agreement.
9. Pending the final deal, the United States and the Islamic Republic of Iran have agreed to maintain the status quo. Iran will maintain the current status of its nuclear program, and the United States will not impose any new sanctions or deploy additional forces to the region.
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10. Upon signing the MOU and until sanctions are terminated, the U.S. Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services, including banking transactions, insurance, and transportation.
11. The United States commits to making all frozen or restricted funds and assets of the Islamic Republic of Iran fully available for use upon the implementation of this MOU. The parties will mutually agree on the procedures for releasing these funds during negotiations. These funds, whether held in original accounts or transferred, will be fully usable for payments to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States will issue all necessary licenses and authorizations accordingly.
12. The United States and the Islamic Republic of Iran have agreed to establish an executive mechanism to monitor the successful implementation of this MOU and future compliance with the final deal.
13. Following the signing of the MOU, and contingent upon the commencement of implementation of paragraphs 1, 4, 5, 10, and 11, and the continued adherence to these measures, the United States and the Islamic Republic of Iran will commence negotiations exclusively on the remaining paragraphs for the final deal.
14. The final deal will be endorsed by a binding UN Security Council resolution.
