US-Iran peace deal: Read full text of ‘leaked’ 14-point draft agreement
The full text of the 14-point agreement between the US and Iran to end the war in West Asia was reportedly released by the United
The full text of the 14-point agreement between the US and Iran to end the war in West Asia was reportedly released by the United States on Wednesday. The memorandum of understanding, reached over the weekend with Iran, is due to be signed on Friday. It triggers a 60-day-window to negotiate the final terms of a deal. The document is titled the “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran,” according to CNN. Pakistan was a key mediator in the US-Iran peace talks. It outlines commitments aimed at ensuring the full, toll-free reopening of the Strait of Hormuz, and easing certain financial restrictions on Iran. It reportedly sets out expectations for addressing Iran’s nuclear program during future technical talks. Quick answers to key questions • 5 QUESTIONS 1 What are the key points of the US-Iran 14-point draft agreement? ⌵ The 14-point draft agreement outlines commitments between the US and Iran for a ceasefire, respect for sovereignty, removal of sanctions, and a proposed $300 billion development fund, among other provisions. 2 Why is the $300 billion fund significant in the US-Iran peace deal? ⌵ The $300 billion fund is intended for the reconstruction and economic development of Iran, serving as a financial incentive for Tehran to comply with peace agreement conditions, especially regarding its nuclear program. 3 How will the US enforce the conditions of the US-Iran deal? ⌵ The US will issue waivers for Iranian oil exports, lift the naval blockade, and establish a mechanism to monitor compliance with the agreement, alongside regional partners. 4 Should Iran meet its nuclear obligations to access the $300 billion fund? ⌵ Yes, access to the $300 billion fund is contingent on Iran meeting specific commitments related to its nuclear program during future negotiations. 5 What happens if the final deal is not reached within the 60-day negotiation period? ⌵ The final deal is expected to be negotiated within 60 days; however, if an agreement is not reached, the status quo regarding sanctions and military presence will likely continue. The document also indicates that Iran may be able to secure a $300 billion development fund, providing it meets commitments related to its nuclear program in further negotiations down the line, TIME Magazine reported. The draft was initially "leaked" by Bloomberg, with a version later published by CNN.
Mint could not independently verify the contents of the draft agreement. Steven Cheung, the White House director of communications, publicly said “the supposed text” of the memorandum of understanding that was obtained by CNN “does not reflect the language of the actual MOU," TIME magazine reported. Below is the text in full [as reported by CNN] The United States of America and the Islamic Republic of Iran have jointly agreed in good faith on [__ date] on the following 1 — The United States of America and the Islamic Republic of Iran and their allies in the current war are signing this MOU to declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon and other provisions of this paragraph. 2 — 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. 3 — The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days, expendable with mutual consent. 4 — immediately upon the signing of this MOU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final deal. 5 — 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 with no charge, for 60 days only, from the Persian Gulf to the Sea of Oman and vice versa.
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