Iranian media publishes detailed terms of US-Iran memorandum of understanding, including reopening of Hormuz Strait and release of $24 billion in frozen Iranian assets
Odaily Planet Daily News Iran's Mehr News Agency has published the detailed terms of the 14-point US-Iran memorandum of understanding:
1. A permanent and immediate cessation of hostilities on all fronts, including Lebanon.
2. The United States commits to non-interference in Iran's internal affairs and respect for Iran's sovereignty.
3. Complete lifting of the maritime blockade on Iran within 30 days.
4. The United States commits to withdrawing troops from around Iran.
5. The Strait of Hormuz will be reopened within 30 days under arrangements made by the Iranian side.
6. Suspension of sanctions on the sale of Iranian oil, petrochemical products, and their derivatives, allowing Iran full use of its financial resources.
7. The United States and its allies are required to provide Iran with a reconstruction plan of at least $300 billion.
8. A final agreement on the nuclear issue to be reached within 60 days, along with the comprehensive lifting of primary and secondary U.S. sanctions on Iran, as well as resolutions of the UN Security Council and the Board of Governors of the International Atomic Energy Agency.
9. Reaffirmation of Iran's commitment under the Non-Proliferation Treaty not to develop nuclear weapons.
10. During the negotiations, the United States commits not to deploy additional troops to the region or impose new sanctions.
11. Release of $24 billion in frozen assets during the 60-day final negotiation period. Half of this amount must be provided to Iran before the negotiations begin.
12. Establishment of a monitoring mechanism to implement the agreement.
13. The final agreement will be approved by a UN Security Council resolution.
14. Final negotiations will commence only after the unfreezing of half of Iran's frozen assets, suspension of sanctions on Iranian oil, and lifting of the maritime blockade. The final agreement will 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 support for resistance groups have been explicitly removed from the agenda. (Jin Shi)
