US and Iran Draft 14-Point Understanding Outlines Ceasefire, Sanctions Relief and Nuclear Talks

A senior American official on Wednesday night released the full text of a draft memorandum of understanding that would be signed between the United States and Iran. The document, published in the U.S., lays out 14 sections covering an immediate and permanent halt to military operations on all fronts, including Lebanon, and a pledge by both sides not to threaten or use force against each other. It also says the final deal would confirm the end of the war and preserve Lebanon’s territorial integrity and sovereignty.

The draft says Washington and Tehran would respect each other’s sovereignty, avoid interference in internal affairs, and negotiate a final agreement within 60 days, with a possible mutual extension. The U.S. would begin lifting its naval blockade immediately and fully end it within 30 days, while eventually withdrawing its forces from Iran’s vicinity within 30 days after the final deal. Iran would seek to ensure safe, free commercial shipping between the Persian Gulf and the Gulf of Oman for 60 days, with traffic restored immediately and fully regularized within 30 days after clearing technical, military and mine-related obstacles.

On the economic side, the U.S. would work with regional partners on a jointly agreed reconstruction and economic development plan for Iran worth at least $300 billion, with implementation details to be set within 60 days. Washington would also cancel all sanctions on Iran, including UN Security Council measures, IAEA Board of Governors decisions, and all U.S. primary and secondary sanctions, on a schedule to be agreed in the final accord. The Treasury Department would issue waivers for Iranian crude oil, petroleum products and related services, including banking, insurance and transport, and frozen or restricted Iranian funds and assets would be made fully available.

The nuclear clauses state that Iran reaffirms it will not acquire or develop nuclear weapons. The sides would resolve the handling of enriched material through a jointly agreed mechanism, with dilution on site under IAEA supervision as the minimum method, and would discuss enrichment and other mutually agreed nuclear issues. Until a final agreement is reached, the status quo would remain, meaning Iran would keep its current nuclear program and the U.S. would impose no new sanctions or deploy additional forces in the region. A joint implementation mechanism would monitor compliance, and the final deal would be approved by a binding UN Security Council resolution.