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Iran–US Draft Memorandum Proposes Ceasefire, Sanctions Relief, and Hormuz Reopening

Iran–US Draft Memorandum Proposes Ceasefire, Sanctions Relief, and Hormuz Reopening



Tehran/Washington: A reported 14-point draft memorandum between Iran and the United States outlines a broad framework aimed at reducing regional tensions, restoring economic activity, and paving the way for negotiations on Iran's nuclear program.

According to details published by Mehr News Agency, the proposed draft calls for an immediate and permanent ceasefire across all fronts, including Lebanon, while emphasizing mutual commitments intended to lower military tensions in the region.

Under the reported framework, the United States would commit to respecting Iran's sovereignty and refrain from interference in its internal affairs. The proposal also includes the lifting of the naval blockade within 30 days and a gradual withdrawal of U.S. forces from areas surrounding Iran.

A key element of the draft is the reopening of the Strait of Hormuz within 30 days under arrangements coordinated by Iran. The strategic waterway handles a significant share of global oil shipments, making its uninterrupted operation crucial for international energy markets.

The memorandum further proposes the suspension of sanctions on Iranian oil, petrochemical products, and related exports, allowing Tehran full access to revenues generated from those sectors. In addition, the draft reportedly includes plans for the United States and its allies to support Iran's reconstruction efforts through projects valued at a minimum of $300 billion.

The proposal envisions a 60-day negotiation period focused on reaching a final agreement regarding Iran's nuclear activities. During this period, the United States would refrain from imposing new sanctions or deploying additional military forces to the region.

As part of confidence-building measures, the draft calls for the release of $24 billion in frozen Iranian assets, with half of the funds becoming available before formal negotiations begin.

Iran would reaffirm its commitment under the Nuclear Non-Proliferation Treaty (NPT) not to develop nuclear weapons. The draft also proposes the creation of a monitoring mechanism to oversee implementation and compliance by all parties.

According to the reported framework, any final agreement would receive endorsement through a United Nations Security Council resolution.

The document specifies that final negotiations would begin only after three conditions are met: the release of half of Iran's frozen assets, the suspension of oil-related sanctions, and the lifting of the naval blockade.

Notably, the final talks would be limited to issues related to uranium enrichment, nuclear material, sanctions relief, and Iran's economic reconstruction. Iran's missile program and its support for regional resistance groups would remain outside the scope of negotiations.

While the reported memorandum has attracted significant attention in diplomatic and financial circles, neither Washington nor Tehran has officially confirmed the draft's adoption. Market participants and international observers are expected to closely monitor developments for indications of whether the framework can evolve into a formal agreement.

Source: Mehr News Agency. The contents of the reported draft memorandum have not been independently verified.

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