politics

READ IN FULL: The 14-point peace agreement with Iran

A senior Trump administration official read the 14-point Iran agreement to reporters on Wednesday afternoon, ending days of speculation about the contents of a memorandum of understanding meant to wind down the three-month conflict.

READ IN FULL: The 14-point peace agreement with Iran

TL;DR

  • The MOU marks the immediate and permanent termination of military operations by the US and Iran on all fronts.
  • The agreement outlines sanctions relief, unfreezing of assets, and potential reconstruction funds for Iran.
  • Iran reaffirms its commitment not to pursue nuclear weapons, with a mechanism for resolving enriched material disposition to be agreed upon.
  • The US will begin removing its naval blockade and forces within 30 days.
  • Technical negotiations for a final deal will occur over a 60-day period.
  • The deal includes provisions for the safe passage of commercial vessels and cooperation on the Strait of Hormuz administration.
  • The US commits to a plan for Iran's reconstruction and economic development, potentially involving $300 billion from regional allies.
  • All sanctions against Iran will be terminated according to an agreed-upon schedule.