The United States government has published the complete text of a memorandum of understanding reached with Iran following the signing of a peace agreement between US President Donald Trump and Iranian President Masoud Pezeshkian aimed at ending hostilities between both countries.
The document, officially titled the “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran,” was made public after calls for transparency over the contents of the agreement.
Under the 14-point accord, Washington and Tehran agreed to an immediate and permanent cessation of military operations across all fronts, including Lebanon. Both countries also pledged not to engage in future military actions against one another and committed to respecting each other’s sovereignty and territorial integrity.
The memorandum provides a 60-day window for negotiations on a final agreement, with the possibility of an extension if both parties consent.
As part of the initial measures, the United States agreed to begin lifting restrictions affecting Iran’s maritime activities and to completely remove its naval blockade within 30 days. The agreement also outlines plans for the withdrawal of US forces from areas close to Iran after a final settlement is reached.
In return, Iran pledged to facilitate the safe movement of commercial vessels through the Persian Gulf and the Sea of Oman for 60 days. Tehran also agreed to work with Oman and other Gulf states on the future administration of the Strait of Hormuz in line with international law.
One of the key provisions of the memorandum is a proposed reconstruction and economic development package worth at least $300 billion. According to the document, the fund will support Iran’s rebuilding efforts once a final agreement is concluded and relevant financial mechanisms are established.
The agreement also contains a roadmap for the gradual removal of all sanctions imposed on Iran, including unilateral US sanctions and restrictions linked to resolutions of the United Nations Security Council and the International Atomic Energy Agency (IAEA).
On nuclear issues, Iran reaffirmed that it would not pursue or develop nuclear weapons. Both sides agreed to resolve matters relating to Iran’s stockpile of enriched materials under IAEA supervision, with discussions on enrichment and other nuclear activities to continue during negotiations.
Pending a comprehensive settlement, both countries agreed to maintain the current status quo. Iran will not expand its nuclear programme, while the United States pledged not to introduce fresh sanctions or deploy additional military forces in the region.
The memorandum also states that the US Treasury Department will issue waivers allowing the export of Iranian crude oil and related products. In addition, frozen Iranian assets and funds held abroad are expected to become accessible through procedures to be agreed upon during negotiations.
To ensure compliance, both countries agreed to establish a monitoring mechanism that would oversee the implementation of the memorandum and any future final agreement.
According to the document, negotiations on unresolved issues will continue once the provisions relating to the ceasefire, maritime activities, oil exports and access to frozen funds begin to take effect.
The memorandum further states that any final agreement reached between Washington and Tehran will ultimately be backed by a legally binding resolution of the United Nations Security Council.
You can read the 14-point Memorandum of Understanding (MOU) in full, below.
1 — The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU, declared the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any 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 final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.
2 — The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs.
3 — The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days, expendable with mutual consent.
4 — Immediately upon the signing of this MOU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the number of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final deal.
5 — Upon the signing of this MOU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa. The traffic of commercial vessels will immediately start, and considering the need for removing the technical and military obstacles and demining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
6 — The United States of America undertakes with regional partners to develop a definitive, mutually agreed plan with at least USD $300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of a final deal within 60 days. All required licenses, waivers, and permissions needed for the relevant financial transactions will be granted by the United States of America.
7 — The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral U.S. sanctions—primary and secondary—in an agreed-upon schedule as part of the final deal. The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned and expressed their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.
8 — The Islamic Republic of Iran reaffirms that it shall not procure or develop 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 mechanism that will be mutually agreed upon in accordance with the schedule mentioned in paragraph seven, with the minimum methodology to be down blending on site under the supervision of the IAEA. The two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final deal. The final deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledged the critical importance of the nuclear issues above mentioned and expressed their intention to immediately address these issues in the negotiations in order to achieve mutual agreement on them.
9 — Pending the final deal, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status quo of its nuclear program and the United States of America will not impose any new sanctions and will not deploy additional forces in the region.
10 — The United States of America undertakes that immediately upon the signing of this MOU and until the termination of sanctions, the U.S. Department of the Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services, including banking transactions, insurance, transportation, etc.
11 — The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran. Upon the implementation of the MOU, the United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations. Such funds, whether retained in the original account or transferred, shall be made fully usable for payment to any ultimate beneficiary designated by the central bank of the Islamic Republic of Iran. The United States of America undertakes to issue all the necessary licenses and authorizations accordingly.
12 — The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MOU and the future compliance of the final deal.
13 — After signing this MOU, and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10, and 11 of this MOU, and the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final deal exclusively on the other paragraphs.
14 — The final deal will be endorsed by a binding United Nations Security Council resolution.
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