Iranian media published detailed terms of a 14-point Iran–US memorandum. Key
points: immediate and permanent ceasefire on all fronts, including Lebanon; US
pledge not to interfere in Iran’s internal affairs and to respect Iranian
sovereignty; full lifting of a maritime blockade and reopening of the Strait of
Hormuz within 30 days under arrangements agreed by Iran; US commitment to
withdraw forces from around Iran; suspension of sanctions on Iranian oil,
petrochemicals and derivatives and restoration of Iran’s full access to its
financial resources; US and allies to provide at least $300 billion for Iran’s
reconstruction; a final nuclear agreement to be reached within 60 days with full
lifting of primary and secondary US sanctions and relevant UN Security Council
and IAEA board resolutions; Iran reiterates its NPT commitment not to develop
nuclear weapons; during negotiations the US will not deploy additional regional
forces or impose new sanctions; during the 60-day final negotiation period $24
billion of Iran’s frozen funds will be released, half of which must be delivered
before talks begin; a monitoring mechanism will be established; the final deal
will require UN Security Council approval; final negotiations will only start
after half of the frozen funds are unfrozen, oil sanctions are suspended and the
maritime blockade is lifted; the final accord will be limited to the future of
enriched uranium/materials and enrichment processes, sanctions relief and Iran’s
economic reconstruction plan; issues relating to Iran’s missile program and
support for resistance groups have been removed from the agenda.
