US Releases Full Text of 14-Point Iran Memorandum Ahead of Formal Signing
The document outlines a framework for ending hostilities, reopening the Strait of Hormuz, easing sanctions, and launching negotiations on a final agreement.
United States, PUREWILAYAH.COM — The United States on Wednesday released the full text of the memorandum of understanding reached with Iran, ending days of speculation over the contents of the agreement expected to be formally signed on Friday.
Titled the “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran,” the document contains 14 provisions covering the cessation of military operations, maritime security, sanctions relief, economic cooperation, and Iran’s nuclear program.
The memorandum commits both sides to pursuing a final agreement within 60 days while setting out initial measures related to the Strait of Hormuz, sanctions, oil exports, frozen Iranian assets, and nuclear issues.
It also includes provisions concerning the termination of military operations, respect for sovereignty, economic reconstruction, and a future mechanism to monitor implementation of the agreement.
The Full Text of The 14-Point Memorandum
1. The United States of America and the Islamic Republic of Iran, together with their allies in the current war, sign this MoU to declare the immediate and permanent termination of military operations on all fronts, including in Lebanon.
Both parties undertake not to initiate any war or military operation against each other, to refrain from the threat or use of force, and to respect and ensure the territorial integrity and sovereignty of Lebanon.
The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, as well as the 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 a final deal within a maximum of 60 days, extendable by mutual consent.
4. Immediately upon the signing of this MoU, the United States of America will begin removing its naval blockade and any disturbances or impediments against the Islamic Republic of Iran and will fully terminate the naval blockade within 30 days.
During this period, vessel traffic will be restored proportionally to pre-war levels 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 conclusion of the final deal.
5. Upon the signing of this MoU, the Islamic Republic of Iran will make arrangements, using its best efforts, to ensure the safe passage of commercial vessels free of charge for 60 days from the Persian Gulf to the Sea of Oman and vice versa.
Commercial vessel traffic will resume immediately, taking into account the removal of technical and military obstacles and demining operations by the Islamic Republic of Iran, which will be completed within 30 days.
The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in consultation with other Persian Gulf littoral states, in accordance with applicable international law and the sovereign rights of the coastal states of the Strait.
6. The United States of America, together with its regional partners, undertakes to develop a definitive and mutually agreed plan worth at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of Iran.
The implementation mechanism for this plan will be finalized as part of the final deal within 60 days.
All licenses, waivers, and permissions required for the relevant financial transactions will be granted by the United States of America.
7. The United States of America undertakes to terminate all forms of sanctions against the Islamic Republic of Iran, including United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral U.S. sanctions, both primary and secondary, according to a mutually agreed schedule as part of the final deal.
The Islamic Republic of Iran and the United States of America acknowledge the critical importance of sanctions relief and express their intention to immediately address these issues during negotiations in order to reach mutual agreement.
8. The Islamic Republic of Iran reaffirms that it shall neither procure nor develop nuclear weapons.
The United States of America and the Islamic Republic of Iran agree to resolve the disposition of stockpiled enriched material through a mutually agreed mechanism, in accordance with the schedule mentioned in Paragraph 7, with the minimum methodology being on-site downblending under IAEA supervision.
The two parties also agree to discuss enrichment and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework to be agreed upon in the final deal.
The final deal will confirm the provisions of this paragraph.
The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues mentioned above and express their intention to address them immediately during negotiations in order to reach mutual agreement.
9. Pending the final deal, 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, while the United States of America will refrain from imposing new sanctions or deploying additional forces in the region.
10. Immediately upon the signing of this MoU and until the termination of sanctions, the United States Department of the Treasury will issue waivers for the export of Iranian crude oil, petroleum products, and derivatives, as well as all associated services, including banking transactions, insurance, transportation, and related activities.
11. The United States of America undertakes to make fully available for use the 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 mutually agree on procedures related to the release of these funds during negotiations.
Such funds, whether retained in their original accounts or transferred elsewhere, shall be fully available for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran.
The United States of America undertakes to issue all necessary licenses and authorizations accordingly.
12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MoU and ensure future compliance with the final deal.
13. Following the signing of this MoU, and subject to the commencement and continuation of implementation of Paragraphs 1, 4, 5, 10, and 11, the United States of America and the Islamic Republic of Iran will begin negotiations regarding the final deal exclusively on the remaining provisions.
14. The final deal will be endorsed by a binding United Nations Security Council Resolution. (PW)