Thursday, June 18, 2026 - The United States has released the official text of the memorandum of understanding reached over the weekend with Iran.
This comes after US President Donald Trump and Iran's President Masoud
Pezeshkian signed a peace deal to end the war.
Titled the “Islamabad Memorandum of Understanding between the United
States of America and the Islamic Republic of Iran,” the document was released
after outcry that its text hadn’t been released publicly.
Under the agreement, upon signing, there would be an "immediate and
permanent" halt of military operations on all fronts for 60 days,
including Lebanon.
The two parties also commit to "respect each other's sovereignty and
territorial integrity and to refrain from interfering in each other's internal
affairs."
The agreement asserts that Iran can never develop a nuclear weapon, a
promise the regime has made in the past. The agreement also states that the
U.S. and Iran will address Iran’s existing stockpile of enriched material,
“with the minimum methodology to be down blending on site” under the
supervision of inspectors with the International Atomic Energy Agency (IAEA).
It also indicates that Tehran may be able to tap into a $300 billion
development fund for Iran’s “reconstruction and economic development,” provided
it meets commitments laid out in a final deal.
The negotiations would also set out a plan for the lifting of all US
sanctions against Iran “in an agreed-upon schedule.”
You can read the 14-point Memorandum of Understanding (MOU) in full,
below.
1 — The United States of
America and the Islamic Republic of Iran and their allies in the current war,
by signing this MOU, declared the immediate and permanent termination of
military operations on all fronts, including in Lebanon, and undertake from now
on not to initiate any war or any military operation against each other, and to
refrain from the threat or use of force against each other and ensuring the
territorial integrity and sovereignty of Lebanon. The final deal will confirm
the permanent termination of the war on all fronts, including in Lebanon, and
other provisions of this paragraph.
2 — The United States of
America and the Islamic Republic of Iran undertake to respect each other's
sovereignty and territorial integrity, and to refrain from interfering in each
other's internal affairs.
3 — The United States of
America and the Islamic Republic of Iran commit to negotiating and achieving
the final deal in maximum 60 days, expendable with mutual consent.
4 — Immediately upon the
signing of this MOU, the United States of America will begin the removal of its
naval blockade and any disturbances or impediments against the Islamic Republic
of Iran, and will fully end the naval blockade within 30 days. During this
period, the traffic of vessels will be in proportion to the number of pre-war
traffic being restored by the Islamic Republic of Iran. The United States of
America further undertakes to remove its forces from the proximity of the
Islamic Republic of Iran within 30 days after the final deal.
5 — Upon the signing of this
MOU, the Islamic Republic of Iran will make arrangements using its best efforts
for the safe passage of commercial vessels with no charge for 60 days only from
the Persian Gulf to the Sea of Oman and vice versa. The traffic of
commercial vessels will immediately start, and considering the need for
removing the technical and military obstacles and demining by the Islamic
Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran
will conduct dialogue with the Sultanate of Oman to define the future
administration and maritime services in the Strait of Hormuz, in discussion
with other Persian Gulf littoral states in line with the applicable
international law and the sovereign rights of coastal states of the Strait of
Hormuz.
6 — The United States of
America undertakes with regional partners to develop a definitive, mutually
agreed plan with at least USD $300 billion for the reconstruction and economic
development of the Islamic Republic of Iran. The mechanism for the implementation
of this plan will be finalized as part of a final deal within 60 days. All
required licenses, waivers, and permissions needed for the relevant financial
transactions will be granted by the United States of America.
7 — The United States of
America undertakes to terminate all types of sanctions against the Islamic
Republic of Iran, including the United Nations Security Council resolutions,
IAEA Board of Governors resolutions, and all unilateral U.S. sanctions—primary
and secondary—in an agreed-upon schedule as part of the final deal. The Islamic
Republic of Iran and the United States of America acknowledge the critical
importance of the sanctions termination issue above mentioned and expressed
their intentions to immediately address these issues in the negotiations in
order to achieve mutual agreement on them.
8 — The Islamic Republic of
Iran reaffirms that it shall not procure or develop nuclear weapons. The United
States of America and the Islamic Republic of Iran have agreed to resolve the
disposition of stockpile enriched material pursuant to a mechanism that will be
mutually agreed upon in accordance with the schedule mentioned in paragraph
seven, with the minimum methodology to be down blending on site under the
supervision of the IAEA. The two parties also agreed to discuss the issue of
enrichment and other mutually agreed matters related to the Islamic Republic of
Iran's nuclear needs, based on a satisfactory framework being agreed upon in
the final deal. The final deal will confirm the provisions of this paragraph.
The United States of America and the Islamic Republic of Iran acknowledged the
critical importance of the nuclear issues above mentioned and expressed their
intention to immediately address these issues in the negotiations in order to
achieve mutual agreement on them.
9 — Pending the final deal,
the United States of America and the Islamic Republic of Iran agree to maintain
the status quo. The Islamic Republic of Iran will maintain the current status
quo of its nuclear program and the United States of America will not impose any
new sanctions and will not deploy additional forces in the region.
10 — The United States of
America undertakes that immediately upon the signing of this MOU and until the
termination of sanctions, the U.S. Department of the Treasury will issue
waivers for the export of Iranian crude oil, petroleum products and derivatives,
and all associated services, including banking transactions, insurance,
transportation, etc.
11 — The United States of
America undertakes to make fully available for use the frozen or restricted
funds and assets of the Islamic Republic of Iran. Upon the implementation of
the MOU, the United States of America and the Islamic Republic of Iran will
mutually agree on the procedures related to the release of these funds during
the negotiations. Such funds, whether retained in the original account or
transferred, shall be made fully usable for payment to any ultimate beneficiary
designated by the central bank of the Islamic Republic of Iran. The United
States of America undertakes to issue all the necessary licenses and
authorizations accordingly.
12 — The United States of
America and the Islamic Republic of Iran agree that an executive mechanism will
be established to monitor the successful implementation of this MOU and the
future compliance of the final deal.
13 — After signing this MOU,
and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10,
and 11 of this MOU, and the continuing implementation of these measures, the
United States of America and the Islamic Republic of Iran will start negotiations
regarding the final deal exclusively on the other paragraphs.
14 — The final deal will be
endorsed by a binding United Nations Security Council resolution.
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