Politico has published the MOU signed by Pres. Trump. You can see it HERE.
Key Points from the Islamabad Memorandum of Understanding (Iran–U.S.)
Ceasefire and Security
- Immediate and permanent termination of military operations between Iran, the United States, and their allies.
- Commitment not to initiate military action or use force against one another.
- Protection of Lebanon's sovereignty and territorial integrity.
- Final agreement would formalize the end of the conflict on all fronts.
Sovereignty
- Both sides agree to respect each other's sovereignty and territorial integrity.
- Commitment to refrain from interference in each other's internal affairs.
Timeline
- Target of negotiating a final agreement within 60 days, with extensions possible by mutual consent.
Maritime Trade and Blockades
- U.S. to begin removing naval blockades and impediments against Iran immediately after signing.
- Full removal of the naval blockade targeted within 30 days.
- Iran to facilitate safe commercial shipping through the Persian Gulf, Gulf of Oman, and Strait of Hormuz.
- Iran to undertake de-mining and removal of navigational obstacles.
U.S. Military Presence
- U.S. commits to removing its forces from the vicinity of Iran within 30 days after the final deal.
Reconstruction and Economic Support
- U.S. and regional partners would develop a reconstruction and economic development plan for Iran worth at least $300 billion.
- Mechanism for implementation to be finalized within 60 days.
- U.S. would provide necessary licenses, waivers, and permissions for financial transactions.
Sanctions Relief
-
U.S. to terminate all sanctions against Iran, including:
- U.N.-related sanctions.
- Primary U.S. sanctions.
- Secondary sanctions.
- Sanctions relief to occur according to agreed schedules in the final agreement.
Nuclear Program
- Iran reaffirms it will not pursue or develop nuclear weapons.
- Both sides agree to resolve issues involving stockpiled enriched uranium.
- Iran would reduce enrichment levels to low-enriched uranium under IAEA supervision.
- Discussions to address Iran's civilian nuclear needs and future enrichment arrangements.
Interim Period Before Final Deal
- Iran maintains its current status quo regarding its nuclear program.
- U.S. agrees not to impose new sanctions.
- U.S. agrees not to deploy additional forces to the region.
Iranian Oil Exports
-
U.S. Treasury would issue waivers allowing:
- Export of Iranian crude oil.
- Export of petroleum products and derivatives.
- Related services including banking, insurance, and transportation.
Frozen Iranian Assets
- U.S. agrees to make frozen or restricted Iranian funds available.
- Procedures would be established for release and transfer of funds.
- Funds could be directed to beneficiaries designated by Iran's central bank.
Compliance Monitoring
- Joint executive mechanism to monitor implementation of the MOU and compliance with the final agreement.
Final Agreement Structure
- Negotiations on remaining issues begin after implementation of key early measures.
- Final agreement to be endorsed by a binding U.N. Security Council resolution.
