The next is the textual content of the US-Iran memorandum of understanding, as learn out by a senior US official to reporters on Wednesday:
“America of America and Islamic Republic of Iran have collectively agreed in good religion on (a date but to be decided, the official mentioned), on the next:
“Paragraph 1 – America of America and the Islamic Republic of Iran and their allies within the present conflict, by signing this MOU, declare a direct and everlasting termination of navy operations on all fronts, together with in Lebanon, and undertake any further to not provoke any conflict or any navy operation in opposition to one another and to chorus from the menace or use of pressure in opposition to one another, and guaranteeing the territorial integrity and sovereignty of Lebanon. The ultimate deal will verify the everlasting termination of the conflict on all fronts, together with in Lebanon, and different provisions of this paragraph.
“Paragraph 2 – America of America and the Islamic Republic of Iran undertake to respect one another’s sovereignty and territorial integrity and to chorus from interfering in one another’s inner affairs.
“Paragraph 3 – America of America and the Islamic Republic of Iran decide to negotiating and attaining the ultimate deal in a most of 60 days extendable with mutual consent.
“Paragraph 4 – Instantly upon the signing of this MOU, the USA of America will start the removing of its naval blockade and any disturbances or impediments in opposition to the Islamic Republic of Iran, and can totally finish the naval blockade inside 30 days. Throughout this era, the visitors of vessels shall be in proportion to the numbers of pre-war visitors being restored by the Islamic Republic of Iran. America of America additional undertakes to take away its forces from the proximity of the Islamic Republic of Iran inside 30 days after the ultimate deal.
“Paragraph 5 – Upon the signing of this MOU, the Islamic Republic of Iran will make preparations utilizing its greatest efforts for the protected passage of economic vessels with no cost for 60 days solely, from the Persian Gulf to the Sea of Oman, and vice versa. The visitors of economic vessels will begin instantly, and contemplating the necessity for eradicating the technical and navy obstacles, and de-mining by the Islamic Republic of Iran, shall be established inside 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to outline the longer term administration and maritime providers within the Strait of Hormuz, in dialogue with different Persian Gulf littoral states, in keeping with the relevant worldwide legislation and the sovereign rights of coastal states of the Strait of Hormuz.
“Paragraph 6 – America of America undertakes with regional companions to develop a definitive mutually agreed plan with no less than USD 300 billion for the reconstruction and financial growth of the Islamic Republic of Iran. The mechanism for the implementation of this plan shall be finalized as a part of a last deal inside 60 days. All required licenses, waivers, and permissions wanted for the related monetary transactions shall be granted by the USA of America.
“Paragraph 7 – America of America undertakes to terminate all forms of sanctions in opposition to the Islamic Republic of Iran, together with the United Nations Safety Council resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, main and secondary, in an agreed-upon schedule as a part of the ultimate deal. The Islamic Republic of Iran and the USA of America acknowledge the crucial significance of the sanctions termination challenge talked about above, and specific their intentions to instantly handle these points within the negotiations with the intention to obtain mutual settlement on them.
“Paragraph 8 – The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons. America of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched materials pursuant to a mechanism that shall be mutually agreed upon in accordance with the schedule talked about in Paragraph 7, with the minimal methodology to be down-blending on web site beneath the supervision of the IAEA. The 2 events additionally agreed to debate the problem of enrichment and different mutually agreed issues associated to the Islamic Republic of Iran’s nuclear wants, based mostly on a passable framework being agreed upon within the last deal. The ultimate deal will verify the provisions of this paragraph. America of America and the Islamic Republic of Iran acknowledge the crucial significance of the nuclear points talked about above, and specific their intention to instantly handle these points within the negotiation with the intention to obtain mutual settlement on them.
“Paragraph 9 – Pending the ultimate deal, the USA of America and the Islamic Republic of Iran agree to keep up the established order. The Islamic Republic of Iran will keep the present establishment of its nuclear program, and the USA of America won’t impose any new sanctions, and won’t deploy extra forces within the area.
“Paragraph 10 – America of America undertakes that instantly upon the signing of this MOU, and till the termination of sanctions, the US Division of Treasury will challenge waivers for the export of Iranian crude oil, petroleum merchandise and derivatives, and all related providers, together with banking transactions, insurances, transportation, and so forth.
“Paragraph 11 – America of America undertakes to make totally obtainable to be used the frozen or restricted funds and property of the Islamic Republic of Iran upon the implementation of this MOU. America of America and the Islamic Republic of Iran will mutually agree on the procedures associated to the discharge of those funds in the course of the negotiations. Such funds, whether or not retained within the unique account or transferred, shall be made totally usable for fee to any final beneficiary designated by the Central Financial institution of the Islamic Republic of Iran. America of America undertakes to challenge all essential licenses and authorizations accordingly.
“Paragraph 12 – America of America and Islamic Republic of Iran agree that an government mechanism shall be established to observe the profitable implementation of this MOU and the longer term compliance of the ultimate deal.
“Paragraph 13 – After signing this MOU and topic to the start of the implementation of Paragraphs 1, 4, 5, 10 and 11 of this MOU, and the persevering with implementation of those measures, the USA of America and the Islamic Republic of Iran will begin negotiations concerning the ultimate deal completely on the opposite paragraphs.
“Paragraph 14 – The ultimate deal shall be endorsed by a binding UNSC decision.”
