Washington – Top American officials on Wednesday decided on 14 points of a memorandum of understanding between the US and Iranreading the text of the agreement to reporters over the phone. The officials spoke on condition of anonymity.
Iran has not officially released the memorandum.
Highlights of the event include:
- Both sides agreed to “an immediate and permanent end to military operations in all sectors, including in Lebanon.”
- Iran can start exporting oil as soon as the MOU is signed.
- Iran will “make arrangements using its best efforts for the safe passage of commercial vessels without charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa.”
- The US and its regional partners will develop a plan to rebuild Iran worth at least $300 billion.
- Iran assures that it “will not buy or build nuclear weapons.”
- The two sides “agreed to settle the disposal of the accumulated assets.”
- US sanctions on Iran will be lifted over time as part of the final deal, linked to compliance with nuclear regulations.
- There will be 60 days to sign the final agreement, which both sides can agree to extend.
“If it can be done in 60 days, that’s fine. We’re going back to bombing,” President Trump. said at the G7 in France on Wednesday. “I don’t want to do that, because it’s very good, but it might be necessary, because we will never allow them to have a nuclear weapon.”
The clauses of the agreement below are written for the legal person to read aloud. CBS News has not directly seen the document:
- The United States of America and the Islamic Republic of Iran and their allies in this current war, by signing this MOU, declare an immediate and permanent end to military operations on all sides, including in Lebanon, and undertake from now on not to start a war or any military attack against each other, and to avoid the threat or use of force against each other, and to ensure the territorial integrity of Lebanon. The final agreement will ensure a permanent end to the war on all sides, including in Lebanon and other provisions of this section.
- The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.
- The United States of America and the Islamic Republic of Iran commit to negotiating and reaching a final agreement within 60 days, extendable by mutual consent.
- Immediately after the signing of this agreement, the United States of America will begin to remove its naval restrictions and any interference or obstacles against the Islamic Republic of Iran, and will completely end the naval embargo within 30 days. During this time, the fleet will be equal to the number of pre-war vehicles being restored by the Islamic Republic of Iran. The United States of America continues to commit to withdrawing its forces from the Islamic Republic of Iran within 30 days of the final agreement.
- Upon the signing of this MOU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels free of charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa. The movement of commercial ships will begin immediately and considering the need to remove technical and military obstacles and the dismantling of the bombs by the Islamic Republic of Iran will be installed within 30 days. The Islamic Republic of Iran will hold a dialogue with the sultanate of Oman to define the future management and maritime services in the Strait of Hormuz in dialogue with other states of the Persian Gulf in accordance with the applicable international law and the sovereign rights of the states on the coast of the Strait of Hormuz.
- The United States of America commits with its regional partners to make a specific plan agreed on at least USD $300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The implementation of this plan will be finalized as part of the final agreement within 60 days. All necessary licenses, waivers and permits required for the relevant financial activities shall be granted by the United States of America.
- The United States of America pledges to end all types of sanctions against the Islamic Republic of Iran, including the resolutions of the United Nations Security Council, the IAEA Board of Governors resolutions, and all United States sanctions, primary and secondary, in the program agreed upon as part of the final agreement. The Islamic Republic of Iran and the United States of America recognize the importance of the above-mentioned sanctions relief issue, and express their intentions to quickly resolve these issues in negotiations to reach an agreement on both sides.
- The Islamic Republic of Iran assures you that it will not acquire or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the destruction of the stockpile, following a method that will be agreed upon in accordance with the schedule mentioned in the seventh paragraph, and a small method that should be assembled on the ground under the supervision of the IAEA. The two sides also agreed to discuss the issue of enrichment and other mutually agreed issues related to the nuclear needs of the Islamic Republic of Iran, based on the satisfactory framework agreed upon in the final agreement. The final agreement shall confirm the provisions of this section. The United States of America and the Islamic Republic of Iran recognize the critical importance of the above-mentioned nuclear issues, and express their intention to quickly resolve these issues in negotiations to reach an agreement on both.
- Pending a final agreement, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status of its nuclear program, and the United States of America will not impose new sanctions, and will not send additional forces to the region.
- The United States of America promises that as soon as this MOU is signed, and until the sanctions are lifted, the US Treasury Department will issue a moratorium on the export of Iranian crude oil, petroleum products and derivatives, and all related services, including banking, insurance, transportation, etc.
- The United States of America undertakes to make fully available for the use of frozen or restricted funds and assets of the Islamic Republic of Iran upon implementation of this MOU. The United States of America and the Islamic Republic of Iran will agree on procedures related to the release of these funds during the negotiations. Those funds, whether kept in an actual account or transferred, will be fully utilized for payment to any final beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and approvals accordingly.
- The United States of America and the Islamic Republic of Iran agreed that an administrative mechanism will be established to monitor the effective implementation of this MOU and the future implementation of the final agreement.
- After signing this MOU and subject to the beginning of the implementation of sections 1, 4, 5, 10, and 11 of this MOU, and the continuation of the implementation of these measures, the United States of America and the Islamic Republic of Iran will begin negotiations regarding the final agreement only on other sections.
- The final agreement will be ratified by a binding resolution of the UNSC.
