Iran spreads competing peace deal drafts as U.S. maintains its timeline

1. Iran and the U.S., along with their allies in the conflict, by signing this memorandum of understanding, declare the immediate and permanent cessation of this war on all fronts, including in Lebanon. They commit from now on not to initiate any war against each other, and to refrain from the threat or use of force against each other. The final agreement will confirm the permanent cessation of the war and the remaining provisions of this clause.
2. Iran and the U.S. will respect each other’s sovereignty and territorial integrity and refrain from interfering in each other’s internal affairs.
3. Iran and the U.S. will hold negotiations and reach a final agreement within 60 days, a timeframe which may be extended with the agreement of both parties.
4. Immediately after signing this MoU, the U.S. will begin lifting its maritime blockade and will bring shipping to full capacity within a maximum of 30 days. The U.S. also commits to withdrawing its forces from the Persian Gulf region within 30 days of a final agreement.
5. Iran will immediately make arrangements to restart the transit of commercial ships from the Persian Gulf to the Sea of Oman and vice versa, and to return to pre-war numbers within 30 days, taking into account the necessity of removing technical obstacles and mines.
6. The U.S. and its regional partners commit to creating a program for the reconstruction and economic development of Iran with at least $300 billion in funding. The mechanism for this program will be part of the final agreement.
7. The U.S. agrees all types of sanctions Iran faces, including United Nations Security Council resolutions and IAEA Board of Governors resolutions, and all U.S. unilateral primary and secondary sanctions, will be terminated within a mutually agreed timeline as part of the final agreement.
8. Iran reiterates it will never produce nuclear weapons. Iran and the U.S. will discuss the future of the Islamic Republic’s enrichment and its enriched-material stockpiles, as well as all other nuclear-related matters, including Iran’s nuclear needs. A framework for this, based on the outcome of the discussions, will be added to the final agreement.
9. Iran and the U.S. will maintain the status quo until the final agreement: Iran maintains its current nuclear program status and the U.S. does not impose new sanctions on Iran and does not strengthen its forces in the region.
10. The U.S. commits to issuing Treasury Department waivers for the export of Iran’s crude oil, petrochemical products and their derivatives, and all related services — including banking transactions, insurance and transportation — immediately after the signing of this MoU, and until the termination of sanctions.
11. The U.S. commits to releasing and making fully usable the restricted or frozen funds and assets of Iran, in accordance with the progress of negotiations toward the final agreement. These funds will be usable for payment to any final beneficiary designated by Iran’s central bank. The US commits to issuing all necessary approval and licenses for this.
12. Iran and the U.S.will create a mechanism to monitor the implementation of the final agreement.
13. After this MoU, and after ensuring the commencement and implementation of clauses 4, 5, 10, and 11, Iran and the U.S. will begin final-agreement negotiations, exclusively regarding the remaining clauses.
14. The final agreement will be confirmed by a binding UN Security Council resolution.

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