The US of America and the Islamic Republic of Iran and their allies in the present war, by signing this MOU, declare the immediate and everlasting termination of military operations on all fronts, including in Lebanon, and undertake any longer to not initiate any war or any military operation against one another, and to refrain from the threat or use of force against one another, and ensuring the territorial integrity and sovereignty of Lebanon. The ultimate deal will confirm the everlasting termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.
The US of America and the Islamic Republic of Iran undertake to respect one another’s sovereignty and territorial integrity and to refrain from interfering in one another’s internal affairs.
The US of America and the Islamic Republic of Iran commit to negotiating and achieving the ultimate deal in maximum 60 days expendable with mutual consent.
Immediately upon the signing of this MOU, the US of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and can fully end the naval blockade inside 30 days. During this era, the traffic of vessels will likely be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The US of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran inside 30 days after the ultimate deal.
Upon the signing of this MOU, Islamic Republic of Iran will make arrangements using its best efforts for the protected passage of economic vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman, and vice versa, the traffic of economic vessels will immediately start, and considering the necessity for removing the technical and military obstacles and demining by the Islamic Republic of Iran will likely be instated inside 30 days. The Islamic Republic of Iran will conduct dialog with the Sultanate of Oman to define the long run administration and maritime services within the Strait of Hormuz in discussion with other Persian Gulf or [Gulf] states in keeping with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
The US of America undertakes with regional partners to develop a definitive, mutually agreed plan with a minimum of USD $300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will likely be finalised as a part of a final deal inside 60 days. All required licenses, waivers, and permissions needed for the relevant financial transactions will likely be granted by the US of America.
The US of America undertakes to terminate every kind of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, i.e. a Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, in an agreed upon schedule as a part of the ultimate deal. The Islamic Republic of Iran and the US of America acknowledge the critical importance of the sanctions termination issue above mentioned and expressed their intentions to right away address these issues within the negotiations so as to achieve mutual agreement on them to paragraph eight. Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons.
The US of America and Islamic Republic of Iran have agreed to resolve the disposition of stockpile enriched material pursuant to a mechanism that will likely be mutually agreed upon in accordance with the schedule mentioned in paragraph seven, with the minimum methodology to be down mixing on site under the supervision of the IAEA.
The 2 parties also agreed to debate the problem 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 ultimate deal. The ultimate deal will confirm the provisions of this paragraph. The US of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned and express their intention to right away address these issues within the negotiations so as to achieve mutual agreement on them.
Pending the ultimate deal, the US of America and Islamic Republic of Iran agree to keep up the established order. The Islamic Republic of Iran will maintain the present established order of its nuclear program and the US of America is not going to impose any latest sanctions and is not going to deploy additional forces within the region.
The US of America undertakes that immediately upon the signing of MOU until the termination of sanctions, US Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products, and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.
The US of America undertakes to make fully available to be used the frozen or restricted funds and assets of the Islamic Republic of Iran. Upon the implementation of this MOU, the US of America and the Islamic Republic of Iran will mutually agree on the procedures related to the discharge of those funds in the course of the negotiations. Such funds, whether retained in the unique account or transferred, shall be made fully usable for payment to any ultimate beneficiary designed by the Central Bank of the Islamic Republic of Iran. The US of America undertakes to issue all vital licenses and authorizations accordingly.
The US of America and the Islamic Republic of Iran agree that an executive mechanism will likely be established to watch the successful implementation of this MOU and the long run compliance of the ultimate deal.
After signing this MOU, and subject to the start of the implementation of paragraphs 1, 4, 5, 10, and 11 of the MOU, and the continuing implementation of those measures, the US of America and the Islamic Republic of Iran will start negotiations regarding the ultimate deal exclusively on the opposite paragraphs.
The ultimate deal will likely be endorsed by a binding UNSC resolution.