"Ceasefire MOU Includes 14 Provisions... Sanctions Lifted, Strait of Hormuz Reopened"

The detailed contents of the memorandum of understanding (MOU) for ending hostilities between the United States and Iran, consisting of 14 provisions, have been released, according to Iran's Mehr News Agency, which cited sources related to the Iranian negotiating team on June 12 (local time).

AP Yonhap News

The 14 provisions include: an immediate and permanent cessation of hostilities on all fronts, including Lebanon; the complete lifting of the U.S. naval blockade within 30 days; and a U.S. pledge to withdraw American forces from areas surrounding Iran. Additionally, economic provisions were included, such as the resumption of traffic through the Strait of Hormuz within 30 days, contingent on Iran's actions, and a requirement for the United States and its allies to propose an Iranian reconstruction plan worth at least 300 billion dollars.

With regard to the unfreezing of Iranian assets, the memorandum reflects a U.S. commitment to first release 12 billion dollars before the start of the 60-day negotiation period, and to ensure Iran's access to the remaining funds during the negotiation period. It is also known that Iran's missile program and the issue of support for pro-Iranian armed groups in the Middle East, referred to by Iran as resistance forces, will be excluded from the final negotiation agenda. The report added, "As the Foreign Ministry has announced, this draft memorandum of understanding requires final approval from the relevant Iranian authorities."

Earlier, U.S. President Donald Trump stated that a "great agreement" had been reached with Iran and that the memorandum of understanding could be signed in Europe as early as this weekend.

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