Draft US-Iran MOU to End War Guarantees $300 Billion in Reconstruction Funds

Bloomberg News has obtained and published a draft Memorandum of Understanding (MOU) to end the war, which the United States and Iran are scheduled to sign in Bürgenstock, Switzerland, on June 19, local time.

Below is the full text of the 14 articles published by Bloomberg.

Article 1
Iran, the United States, and their respective allied forces declare an immediate and permanent end to the war on all fronts, including Lebanon, upon the signing of the MOU, and promise not to commit any hostile acts against each other and to refrain from the use or threat of force in the future. The final agreement will finalize the contents of this article and the remaining articles.

Article 2
Iran and the United States agree to respect each other's sovereignty and territorial integrity and to refrain from interfering in each other's internal affairs.

Article 3
Iran and the United States will conclude a final agreement through negotiations within a maximum of 60 days, and this period may be extended by mutual agreement.

Article 4
Immediately upon the signing of the MOU, the United States will lift the maritime blockade and will not interfere with the navigation of Iranian vessels. In addition, within 30 days, maritime traffic will be restored to pre-war levels, and the volume of vessel traffic must be proportional to Iran's pre-war traffic. The United States will withdraw U.S. forces deployed in the surrounding region within 30 days after the signing of the final agreement.

Article 5
Immediately upon the signing of the MOU, Iran will take necessary measures, including mine clearance, and restore the operation of commercial vessels traveling between the Persian Gulf and the Gulf of Oman to pre-war levels within 30 days.

Article 6
The United States, together with regional partners, will establish a comprehensive plan for the reconstruction and economic development of Iran and guarantee funding of at least $300 billion. The specific implementation mechanism of this plan will be established within 60 days as part of the final agreement.

Article 7
The United States promises to lift all sanctions against Iran, including UN Security Council resolutions, International Atomic Energy Agency (IAEA) Board of Governors resolutions, and U.S. primary and secondary sanctions, in accordance with the schedule of the final agreement.

Article 8
Iran reaffirms that it will not manufacture nuclear weapons. However, all mutually agreed nuclear-related matters, including the processing of enriched uranium and Iran's nuclear needs, will be appropriately addressed in future final negotiations.

Article 9
Iran and the United States will maintain the status quo until the final agreement is signed. That is, Iran will maintain its nuclear program at its current state, and the United States will not impose new sanctions on Iran nor increase its military presence in the region.

Article 10
The U.S. Department of the Treasury will grant waivers for the export of Iranian crude oil and petrochemical products, as well as related financial, insurance, and transportation services, from immediately after the signing of the MOU until the day the sanctions are lifted.

Article 11
The United States will release Iran's frozen assets, taking into account the progress of the negotiations. These funds will be freely usable for purposes designated by the Central Bank of Iran, and the United States will issue all necessary permits and licenses.

Article 12
Iran and the United States agree to establish an implementation body to oversee the successful implementation of the final agreement.

Article 13
Following the signing of this MOU, as soon as the implementation of Articles 4, 5, 10, and 11 begins and continuous implementation is guaranteed, Iran and the United States will initiate final negotiations on the remaining articles.

Article 14
The final agreement will be approved by a binding resolution of the United Nations Security Council.
※ Please note: This article was translated by AI and may contain errors.