A memorandum of understanding between Iran and the United States, whose contents were published by Bloomberg News, lays out a framework for an immediate ceasefire, sanctions relief, maritime de-escalation measures and negotiations aimed at reaching a comprehensive nuclear agreement.
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According to the text cited by Bloomberg, Tehran and Washington, along with their respective allies, would declare an immediate and permanent end to military operations on all fronts upon signing the agreement, including in Lebanon. The memorandum also commits both sides to refrain from hostile acts, threats or the use of force against one another, while respecting sovereignty, territorial integrity and non-interference in domestic affairs.
The document establishes a roadmap for direct negotiations on a comprehensive settlement once guarantees are secured regarding the implementation of key provisions. Both parties aim to conclude a final agreement within 60 days, with the possibility of an extension, before submitting it for endorsement through a binding United Nations Security Council resolution.
The memorandum includes immediate military and maritime measures intended to reduce tensions in the region. Under its terms, the United States would lift its naval blockade on Iran upon signing the agreement and would cease any interference with Iranian maritime activities.
In exchange, Iran would work to restore shipping through the Strait of Hormuz within 30 days, taking into account the removal of any remaining logistical or security obstacles.
Bloomberg also reported that Washington committed to withdrawing its forces within 30 days after a final agreement enters into force. During the negotiation period, both sides would maintain the current situation: Iran would retain its existing nuclear program, while the United States would refrain from imposing additional sanctions or expanding its military presence in the region.
The memorandum further outlines a phased process for sanctions relief and economic cooperation.
According to Bloomberg, Washington agreed to release frozen Iranian funds and assets and to grant immediate sanctions exemptions for Iranian crude oil exports, petrochemical products and related banking services once the agreement is signed.
he United States also pledged to remove sanctions on Iran according to a mutually agreed timetable as part of a final settlement.
In addition, Bloomberg reported that Washington would cooperate with regional partners on a plan for Iran’s economic rehabilitation and development. The proposal guarantees funding of at least US$300 billion, while implementation mechanisms would be negotiated during the 60-day talks.
On the nuclear issue, Iran reaffirmed in the memorandum that it will never produce nuclear weapons. However, both parties agreed that questions regarding Iran’s stockpile of enriched nuclear material and other unresolved nuclear matters would be addressed during the comprehensive negotiations and incorporated into a final agreement.
Author: MK
Source: Al Mayadeen
Source: teleSUR English
