๐ด Al Arabiya English has obtained a copy of the US-Iran memorandum of understanding. The document includes the following key points:
๐ด Iran and the US, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other
๐ด Iran and the US undertake to respect each otherโs sovereignty and territorial integrity, and to refrain from interfering in each otherโs internal a๏ฌairs
๐ด Iran and the US undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent
๐ด Immediately upon the signing of this Memorandum of Understanding, the United States will lift the naval blockade and prevent any interference or obstruction against Iran, and restore tra๏ฌc within a maximum of 30 days to its full capacity; the tra๏ฌc of ships shall be proportional to the pre-war volume of tra๏ฌc on Iranโs part
๐ด The US also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement
๐ด Upon signing this Memorandum of Understanding, Iran will immediately take steps to ensure that the movement of merchant ships from the Arabian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralization of mines by Iran
๐ด The US undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of Iran, while ensuring financing of at least $300 billion
๐ด The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days
๐ด The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral US sanctions, both primary and secondary
๐ด Iran reiterates that it will never produce nuclear weapons
๐ด Iran and the US have agreed that the fate of enriched material and the fate of all other mutually agreed nuclear-related issues, including Iranโs nuclear needs, will be adequately addressed in a final agreement
๐ด Iran and the US agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the US will not impose new sanctions on Iran or strengthen its forces in the region
๐ด The US undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the US Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like
๐ด The US undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of Iran will be released and made fully available
๐ด These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of Iran and will be fully available for use. The US undertakes to issue all necessary permits and licenses on this basis
๐ด Iran and the US agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement
๐ด Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, Iran and the US will enter into negotiations for a Final Agreement solely with respect to the remaining Articles
๐ด The final agreement will be approved through a binding resolution of the UN Security Council