The United States and Iran have reportedly agreed on a draft memorandum of understanding aimed at bringing an immediate end to the ongoing conflict and paving the way for a comprehensive agreement within 60 days, according to a document obtained by Al Arabiya English.
The draft framework reportedly declares an immediate and permanent end to hostilities on all fronts, including Lebanon, with both sides committing not to undertake any hostile actions, threats, or use of force against each other.
According to the document, Washington and Tehran have also agreed to respect each other’s sovereignty and territorial integrity and refrain from interference in internal affairs.
The memorandum outlines a roadmap for negotiations towards a final agreement within a maximum period of 60 days, which could be extended by mutual consent.
As part of the proposed arrangement, the United States would lift restrictions affecting Iranian maritime activities and facilitate the restoration of shipping traffic to pre-war levels within 30 days. Iran, in turn, would take steps to ensure the resumption of merchant shipping through the Arabian Gulf and the Sea of Oman, including the removal of technical obstacles and the neutralisation of mines.
The document also states that the United States would withdraw its forces from surrounding areas within 30 days of a final agreement being reached.
In a major economic commitment, the United States and its regional partners would work towards a comprehensive rehabilitation and economic development plan for Iran, with financing of at least US$ 300 billion. Details of the implementation mechanism are expected to be finalised within 60 days.
The draft memorandum further indicates that the United States would gradually lift all sanctions imposed on Iran, including United Nations Security Council-related measures, sanctions linked to the International Atomic Energy Agency (IAEA), and unilateral US sanctions.
Iran has reportedly reiterated that it will never produce nuclear weapons. Both parties have agreed that outstanding issues related to Iran’s enriched nuclear material and other nuclear-related matters would be addressed through a final agreement.
Until such an agreement is reached, both sides would maintain the status quo, with Iran keeping its current nuclear programme unchanged and the United States refraining from imposing new sanctions or increasing its military presence in the region.
The document also provides for the issuance of waivers by the US Treasury Department to facilitate exports of Iranian crude oil, petrochemical products, and related services, including banking, insurance, and transportation. Additionally, frozen Iranian funds and assets would be progressively released as negotiations advance.
The memorandum proposes the establishment of a mechanism to oversee implementation and compliance with the final agreement. It further states that the eventual agreement would be endorsed through a binding resolution of the UN Security Council.
Neither the United States nor Iran had officially confirmed the authenticity of the document at the time of publication.
