Phase 1 | Upon announcement of the MoU (effective immediately):
– Upon announcement of the MoU, both sides declare an immediate, complete and permanent end to all hostilities in the region, including Lebanon.
– Upon announcement of the MoU, the United States declares the immediate and complete lifting of the U.S. naval blockade against Iran.
Phase 2 | After Signing of the MoU (30-day period):
– Upon signing the MoU, the United States confirms its commitment to non-interference in Iran’s domestic affairs and respect for the sovereignty of the Islamic Republic of Iran.
– Upon signing the MoU, the United States affirms that it will not increase the amount of troops or military assets present in the region, nor impose any new sanctions during the negotiations.
– Upon signing the MoU, Iran reaffirms its commitment to the Non-Proliferation Treaty (NPT) and confirms that it will never produce, develop, or acquire a nuclear weapon.
– Upon signing the MoU, the United States declares that it will provide Iran with half of its frozen funds, amounting to a value of $12 Billion, to be made available in a non-reversible manner within 30 days, with a commitment to make the remaining half available during the subsequent 60 days.
– Upon signing the MoU, the United States will issue sanctions waivers for Iranian oil, gas, and petrochemical exports, effective immediately, with a commitment to extend these waivers permanently once a final agreement is reached.
– Upon signing the MoU, the U.S. will begin immediate consultations with Israel to present a short term timeframe for a full Israeli withdrawal from Lebanon, including points occupied following the 2024 Israel-Hezbollah agreement.
– Upon signing the MoU, Iran confirms it will reopen the Strait of Hormuz to commercial maritime traffic, according to certain specified arrangements determined by Iran, within 30 days.
Phase 3 | Negotiations on a Final Deal (60-day period + possible extension):
– The 60-day negotiating period will begin once all the terms of the MoU have been met in the previous 30 days.
– The 60-day negotiating period can be extended by mutual agreement of both parties.
– During these 60 days, the U.S. will make the remaining $12 Billion of Iran’s frozen assets available.
– During these 60 days, the U.S. will present plans for a reconstruction fund for Iran, amounting to a value of at least $300 Billion, funded partially by Gulf states.
– The U.S. and Iran will begin detailed discussions on a permanent solution to nuclear-related matters, including enrichment, the existing uranium stockpile, and the fate of the nuclear sites.
– The U.S. and Iran will begin detailed discussions regarding the lifting of all economic sanctions on Iran, including primary, secondary, U.S. and UN sanctions, as well as the withdrawal of all UN Security Council and IAEA Board of Governors resolutions against Iran.
– A monitoring mechanism will be established to supervise the implementation of a final agreement.
– The final agreement will be approved by a UN Security Council Resolution.
Statement by Iran’s Supreme National Security Council:
‘The Islamic Republic of Iran, under the leadership of its martyred leader, has completed its success over the American-Zionist enemy and, under the guidance of the Supreme Leader (may God protect him), with the support of all the people and the diligent efforts of the warriors of Islam, after a difficult and intensive several-month negotiation period, and based on the resolution of the Supreme National Security Council, finalized the text of the Memorandum of Understanding regarding the end-of-war negotiations (Islamabad negotiations) between Iran and the U.S. on the evening of June 14th.
According to the agreements reached, the war and military operations on all fronts, including Lebanon, will end immediately and permanently starting from tonight, and furthermore, the naval blockade against Iran will be immediately and completely lifted.
The signing of this memorandum of understanding will be officially carried out on Friday, June 19th.
Negotiations for a final agreement will be postponed until after the other party fulfills its commitments according to the Memorandum of Understanding. The Islamic Republic of Iran appreciates the efforts of the Islamic Republic of Pakistan and the government of Qatar.
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