Draft Agreement to End Regional Hostilities, Address Iran's Nuclear Issues

A draft agreement aims to end regional hostilities. Iran's nuclear issues, including its uranium stockpile, will be negotiated in 30 to 60 days. The deal also includes halting fighting, reopening the Strait of Hormuz, and releasing frozen Iranian assets. Pakistani and Qatari mediators facilitated these discussions.

The future of Iran’s stockpile of highly enriched uranium, a central demand in U.S.-Iran negotiations, would be negotiated within 30 to 60 days under a draft agreement aimed at ending regional hostilities, The New York Times reported, citing three senior Iranian officials.

According to the report, Iran has agreed to a memorandum of understanding that would halt fighting across all fronts, including in Lebanon, and reopen the Strait of Hormuz.

The agreement would also include lifting the U.S. naval blockade against Iran and allowing unrestricted commercial shipping through the strategic waterway without Iran charging tolls, the report said.

The officials said thorny nuclear-related issues, including the fate of Iran’s enriched uranium stockpile, had been deferred for separate negotiations within a 30- to 60-day period.

The proposed deal would also lead to the release of $25 billion in Iranian assets frozen overseas, according to the report.

The officials, who spoke on condition of anonymity because of the sensitivity of the discussions, said Pakistani and Qatari mediators had facilitated the draft agreement.