Washington:Senior officials of the United States released the full text of the hours after the United States and Iran signed a treaty to pave the way for peace in the Middle East. The agreement, dubbed a 'gentlemen's agreement', was signed digitally by US President Donald Trump and his Iranian counterpart Masoud Pezeshkian.
The treaty's first point says that all hostilities will cease, including in Lebanon. Second, the US will lift the naval blockade and Iran will reopen the Strait of Hormuz and hold talks with Oman “on defining the future administration and maritime services” of the waterway.
Under the deal the U.S. will provide USD 300 billion for Iran's reconstruction and economic development. On the nuclear issue, the deal states Iran has agreed it will not develop a nuclear weapon. It also said Iran will cooperate in removing its enriched nuclear material through “blending on site under the supervision of the: International Atomic Energy Agency (IAEA).
Here is the full text of the 14-point MoU signed by US and Iran:1. The United States of America and the Islamic Republic of Iran and their allies in the current war declare by signing this MOU the immediate and permanent cessation of military operations on all fronts including in Lebanon, and undertake from now on not to initiate a war or any military operation against each other and to refrain from the threat or use of force against each other and ensuring the territorial integrity and sovereignty of Lebanon.
The permanent end of the war on all fronts, including in Lebanon and other provisions of this paragraph, will be confirmed in the final agreement.
2. The United States of America and the Islamic Republic of Iran will respect the sovereignty and territorial integrity of each other and will not interfere in the internal affairs of each other.
3. The United States of America and the Islamic Republic of Iran shall undertake to negotiate and conclude the final deal within a period of maximum 60 days, extendable by mutual consent.
4. Immediately upon the signing of this MOU, the United States of America shall commence the termination of its naval blockade and all disturbances or impediments against the Islamic Republic of Iran and shall terminate the naval blockade in its entirety within 30 days.
During this period, the traffic of vessels will be in ratio to the numbers of prewar traffic being restored by the Islamic Republic of Iran.
The United States of America also undertakes to remove its forces from the vicinity of the Islamic Republic of Iran within a period of 30 days from the date of the final agreement.
5. The Islamic Republic of Iran will make arrangements with its best efforts for safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa upon signing of this MOU.
The Islamic Republic of Iran will immediately start and instate traffic of commercial vessels within 30 days considering the needs for removing the technical and military obstacles and demining.
The Islamic Republic of Iran will hold talks with the Sultanate of Oman for future management and maritime services in the Strait of Hormuz in consultations with other Persian Gulf littoral states in accordance with the relevant international law and the sovereign rights of the coastal states of the Strait of Hormuz.
6. The United States of America pledges to collaborate with regional partners to create a definitive mutually agreed plan involving at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of Iran.
The mechanism for implementing this plan will be finalized as part of a final deal within 60 days.
The United States of America shall provide all necessary licenses, waivers and permissions required for the relevant financial transactions.
7. As a part of the final deal, the United States of America will also agree to lift all sanctions imposed on the Islamic Republic of Iran including those imposed by the United Nations Security Council resolutions, IAEA Board of Governors resolutions and all unilateral US sanctions, primary and secondary, on an agreed upon schedule.
7. As a part of the final deal, the United States of America will also agree to lift all sanctions imposed on the Islamic Republic of Iran including those imposed by the United Nations Security Council resolutions, IAEA Board of Governors resolutions and all unilateral US sanctions, primary and secondary, on an agreed upon schedule.
8. The Islamic Republic of Iran reiterates that it will not pursue nuclear weapons.
The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpile enriched material pursuant to a mutually agreed mechanism in accordance with the schedule mentioned in Paragraph 7 with the minimum methodology to be downblending on site under the supervision of the IAEA.
The two parties also agreed to discuss the issue of enrichment and other agreed upon issues related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final deal.
The provisions of this paragraph will be confirmed in the final deal. The United States of America and the Islamic Republic of Iran recognize the vital importance of the nuclear issues referred to above and express their will to address these issues promptly in the negotiations to reach mutual agreement on them.
9. The United States of America and the Islamic Republic of Iran agree to maintain the status quo pending the final deal. The Islamic Republic will continue its nuclear programme at its current level and the United States of America will not impose new sanctions and will not send additional forces to the region.
10. The United States of America undertakes that immediately after the signing of this MOU and until the termination of sanctions the US Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives and all associated services including banking transactions, insurances, transportation, etc.
11. The United States of America shall, upon the implementation of this MOU, make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran.
The United States of America and the Islamic Republic of Iran will agree on the modalities for the release of these funds during the negotiations.
Such funds, in the original account or if transferred, shall be made fully available for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran.
The United States of America shall accordingly issue all necessary licenses and authorizations.
12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be created to monitor the successful implementation of this MOU and the future adherence to the final agreement.
13. After signing of this MOU and upon the commencement of implementation of paragraphs 1, 4, 5, 10 and 11 of this MOU and continuation of the implementation of these measures, the United States of America and the Islamic Republic of Iran will commence negotiations exclusively on the other paragraphs of the final deal.
14. The final agreement will be enshrined in a binding UNSC resolution.
ALSO READ -