Trump Signs Memorandum of Understanding with Iran

US President Donald Trump has personally signed a copy of the memorandum of understanding with Tehran, with a photo of the document reportedly sent to the Iranian side and the mediators.

Iran’s Foreign Ministry confirmed on Wednesday that the text of the memorandum had been officially finalized and “signed by both sides.” Trump signed the document while attending a dinner alongside President Emmanuel Macron on the sidelines of the G7 summit in France.

“It’s signed. I signed it in Versailles,” Trump said as he left the palace on Wednesday night.

The White House has yet to publish the final text of the memorandum, but a senior US official read out the 14-point document to journalists earlier on Wednesday, following days of criticism over the secrecy.

The readout largely tracked the leaked text, but included more detailed language on Lebanon’s sovereignty, the phasing out of the US naval blockade, the future administration of the Strait of Hormuz, and the handling of Iran’s enriched uranium stockpile under IAEA supervision.

Foreign Ministry spokesman Esmaeil Baghaei said the end of the war in Lebanon were as important for Tehran as the provisions concerning Iran itself, which is why the first clause mentions the country “three times, including respect for its territorial integrity and sovereignty.”

“We do not separate the United States and the Israeli regime, but their differences in approach and methods are clearly evident,” Baghaei said, according to Press TV. “If the Israeli regime’s attacks on Lebanon continue, it will be considered a violation of the other party’s commitments under the memorandum of understanding.”

Trump has in turn warned that Washington would “bomb the hell out of” Iran if Tehran fails to honor the agreement.

Below is the official text in full, as narrated by a senior US official who has not been publicly named. Substantive changes from the previously leaked draft are marked in bold.

The United States of America and the Islamic Republic of Iran have jointly agreed in good faith on [date] on the following:

1. The United States of America and the Islamic Republic of Iran and their allies in the current war are signing this MOU to declare 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 to ensure 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 within a maximum of 60 days, extendable by 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 prewar traffic levels 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 technical and military obstacles and demining by the Islamic Republic of Iran, will be reinstated 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 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 United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, on 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 above-mentioned sanctions termination issue and express their intention 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 stockpiled 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 to be 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 acknowledge the critical importance of the above-mentioned nuclear issues and express 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 US 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 this 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 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 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 future compliance with 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 UNSC resolution.