Saudi media publishes 14-point memorandum of understanding terms between the US and Iran
Odaily: Saudi Al Arabiya TV has published the terms of the 14-point memorandum of understanding between Iran and the US, providing more details than the version released by Iran's Mehr News Agency:
1. Iran and the US, along with its allies in the current war, declare an immediate and permanent end to the war on all fronts, including Lebanon, upon the signing of this memorandum of understanding. They commit to refraining from any hostile actions against each other from now on, and to not threaten or use force against one another. The final agreement will confirm the provisions of this article and other clauses.
(Permanent and immediate cessation of war on all fronts, including Lebanon.)
2. Iran and the US commit to respecting each other's sovereignty and territorial integrity, and commit to non-interference in each other's internal affairs.
(The US commits to non-interference in Iran's internal affairs and respects Iran's sovereignty.)
3. Iran and the US commit to negotiating and reaching a final agreement within a maximum period of 60 days, which can be extended by mutual consent.
(This clause is not included in the version released by Iranian media.)
4. Upon the signing of this memorandum, the US will immediately lift the maritime blockade against Iran, preventing any interference or obstruction, and will restore Iran's full shipping capacity within a maximum of 30 days; the volume of vessel traffic should be proportional to pre-war levels. The US also commits to withdrawing its forces from the surrounding region within 30 days of the final agreement being reached.
(Complete lifting of the maritime blockade against Iran within 30 days.)
(The US commits to withdrawing its forces from around Iran.)
5. Upon signing this memorandum, Iran will immediately take measures to ensure the resumption of commercial shipping from the Persian Gulf to the Sea of Oman to pre-war levels within 30 days, while taking into account Iran's need to clear technical obstacles and neutralize naval mines.
(Under Iran's arrangement, the Strait of Hormuz will be reopened within 30 days.)
6. The US will work with regional partners to develop a comprehensive plan, agreed upon by both parties, for the reconstruction and development of Iran, ensuring the provision of at least $300 billion in financial support. The implementation mechanism for this plan will be established within 60 days within the framework of the final agreement.
(The US and its allies must provide Iran with a reconstruction plan worth at least $300 billion.)
7. The US commits to terminating all types of sanctions currently in effect against Iran, including those from UN Security Council resolutions, International Atomic Energy Agency (IAEA) Board of Governors resolutions, and all primary and secondary sanctions unilaterally imposed by the US, within a timeframe agreed upon in the final agreement.
(Reach a final agreement on the nuclear issue within 60 days, and fully lift all major and secondary US sanctions against Iran, as well as UN Security Council and IAEA Board of Governors resolutions.)
8. Iran reaffirms that it will never develop nuclear weapons. Iran and the US have agreed to properly resolve the disposition of enriched uranium and all other mutually agreed nuclear-related issues through the final agreement, including Iran's nuclear needs; The final agreement will confirm the provisions of this article.
(Reaffirming Iran's commitment under the NPT to not develop nuclear weapons.)
9. Iran and the US agree to maintain the status quo until a final agreement is reached: Iran will continue to maintain the status quo of its nuclear program, and the US will not impose new sanctions on Iran nor reinforce its military presence in the region.
(During negotiations, the US commits to not sending additional troops to the region nor imposing new sanctions.)
10. The US commits that, upon the signing of this memorandum and until the date sanctions are lifted, the US Treasury will grant exemptions for Iran's export of crude oil, petrochemical products and their derivatives, as well as all related services (including banking, insurance, shipping, etc.).
(Suspension of sanctions on the sale of Iranian oil, petrochemicals, and their derivatives, and allowing Iran full access to its financial resources.)
11. The US commits that, in light of progress in the negotiation process, Iran's frozen or restricted funds and assets will be released and made fully available. Regardless of whether these funds are held in master accounts or have been transferred, they will be used for the ultimate beneficiary accounts designated by the Central Bank of Iran and will be fully usable. The US commits to issuing all necessary licenses on this basis.
(Release $24 billion in frozen Iranian funds during the 60-day final negotiation period. Half of this must be made available to Iran before the negotiations begin.)
12. Iran and the US agree to establish an implementation mechanism to oversee the successful implementation of the final agreement and the fulfillment of future commitments.
(Establish a supervisory mechanism to implement the agreement.)
13. After signing this memorandum and receiving assurances regarding the initiation of implementation of Articles 4, 5, 10, and 11 of this memorandum, as well as the continued fulfillment of these measures, Iran and the US will negotiate the remaining articles to reach a final agreement.
(Final negotiations will begin only after half of Iran's frozen funds are unfrozen, oil sanctions against Iran are suspended, and the maritime blockade is lifted. The final agreement will only cover the future of enriched uranium material and enrichment process, the lifting of sanctions, and Iran's economic reconstruction plan. Issues concerning Iran's missile program and support for resistance groups have been explicitly removed from the agenda.)
14. The final agreement will be ratified through a legally binding resolution of the UN Security Council.
(The final agreement will be ratified by a UN Security Council resolution.)
