U.S.-Iran 'End-of-War MOU' Includes Lifting Sanctions and Reopening Hormuz

The details of a 14-point Memorandum of Understanding (MOU) between the United States and Iran to end the war have been revealed, Iran's Mehr News Agency reported on June 12 (local time), citing sources close to the Iranian negotiating team.

According to the report, the 14 points include: an immediate and permanent cessation of hostilities on all fronts, including Lebanon; a U.S. pledge to respect Iran's sovereignty and non-interference in its internal affairs; the complete lifting of the U.S. naval blockade within 30 days; and a U.S. commitment to withdraw its troops from the region surrounding Iran.

The economic provisions include: the reopening of the Strait of Hormuz within 30 days, contingent upon Iran's actions; the suspension of sanctions on oil, petrochemical products, and their derivatives; a guarantee of Iran's full access to its financial assets; and a proposal by the U.S. and its allies for an Iranian reconstruction plan worth at least $300 billion (approximately 450 trillion won).

Furthermore, the report stated that there are provisions regarding future negotiations, including: a 60-day negotiation period to reach a final agreement on the Iranian nuclear issue, the lifting of U.S. primary and secondary sanctions, and the withdrawal of UN Security Council and International Atomic Energy Agency (IAEA) Board of Governors resolutions; a reaffirmation of Iran's commitment not to produce nuclear weapons; and a halt to U.S. troop reinforcements in the Middle East and the imposition of new sanctions during the negotiation period.

Regarding the release of frozen Iranian funds, the MOU reflects a U.S. commitment to release $12 billion (approximately 18 trillion won) before the 60-day negotiations begin, and to ensure Iran has access to the remaining $12 billion during the negotiation period.

The two countries have agreed to establish a monitoring mechanism to implement the agreement, and the final deal is to be approved through a UN Security Council resolution.

Mehr News Agency explained that the 60-day final negotiations will only begin once the release of half of Iran's frozen funds ($12 billion), the suspension of oil sanctions, and the lifting of the naval blockade are implemented. The agenda for these negotiations will be limited to the disposal of highly enriched uranium, the lifting of sanctions, and Iran's economic reconstruction, while excluding Iran's missile program and support for the "Axis of Resistance."

The agency added, "As announced by the Ministry of Foreign Affairs, this draft MOU requires final approval from the relevant Iranian authorities."
※ Please note: This article was translated by AI and may contain errors.