Iran publishes details of memorandum with US

According to Iran’s Foreign Ministry spokesman, Esmaeil Baghaei, the US plans to lift sanctions and provide reparations as part of a proposed framework aimed at ending conflict. Speaking at a press conference, Baghaei outlined the key stipulations of the agreement, as reported by Iranian sources. Central to the proposed memorandum are the economic components, specifically the unfreezing of Iranian assets and the payment of war reparations, which the spokesman stated the US is committed to implementing.

Furthermore, the agreement mandates that Washington must lift all primary and secondary sanctions, alongside relevant UN Security Council resolutions. Immediate lifting of restrictions on the sale of Iranian oil and petrochemical products is also stipulated upon signing. Regarding other key areas, details concerning nuclear and economic matters are slated for finalization within 60 days of the memorandum’s signing.

In the Strait of Hormuz, the agreement proposes that Iran will guarantee the safety and passage of vessels in cooperation with Oman and relevant parties, while tariffs will be established. The memorandum also specifically emphasizes the sovereignty and territorial independence of Lebanon on three separate occasions. The framework includes provisions for non-compliance: should the US fail to meet its obligations under the agreement, Tehran has indicated it will pursue reciprocal measures.

While the spokesman detailed these terms, the article notes that US President Donald Trump had previously confirmed the agreement, stating it was set to be signed in Geneva, Switzerland, on June 19.

Topics: #iran #memorandum #reparations

One thought on “Iran publishes details of memorandum with US

  1. The specifics of the proposed framework need more detail to assess the feasibility of sanctions removal.

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