Key Points from the MOU between the US and Iran.

Politico has published the MOU signed by Pres. Trump. You can see it HERE.

Key Points from the Islamabad Memorandum of Understanding (Iran–U.S.)

Ceasefire and Security

• Immediate and permanent termination of military operations between Iran, the United States, and their allies.
• Commitment not to initiate military action or use force against one another.
• Protection of Lebanon's sovereignty and territorial integrity.
• Final agreement would formalize the end of the conflict on all fronts.

Sovereignty

• Both sides agree to respect each other's sovereignty and territorial integrity.
• Commitment to refrain from interference in each other's internal affairs.

Timeline

• Target of negotiating a final agreement within 60 days, with extensions possible by mutual consent.

Maritime Trade and Blockades

• U.S. to begin removing naval blockades and impediments against Iran immediately after signing.
• Full removal of the naval blockade targeted within 30 days.
• Iran to facilitate safe commercial shipping through the Persian Gulf, Gulf of Oman, and Strait of Hormuz.
• Iran to undertake de-mining and removal of navigational obstacles.

U.S. Military Presence

• U.S. commits to removing its forces from the vicinity of Iran within 30 days after the final deal.

Reconstruction and Economic Support

• U.S. and regional partners would develop a reconstruction and economic development plan for Iran worth at least $300 billion.
• Mechanism for implementation to be finalized within 60 days.
• U.S. would provide necessary licenses, waivers, and permissions for financial transactions.

Sanctions Relief

• U.S. to terminate all sanctions against Iran, including:
  • U.N.-related sanctions.
  • Primary U.S. sanctions.
  • Secondary sanctions.
• Sanctions relief to occur according to agreed schedules in the final agreement.

Nuclear Program

• Iran reaffirms it will not pursue or develop nuclear weapons.
• Both sides agree to resolve issues involving stockpiled enriched uranium.
• Iran would reduce enrichment levels to low-enriched uranium under IAEA supervision.
• Discussions to address Iran's civilian nuclear needs and future enrichment arrangements.

Interim Period Before Final Deal

• Iran maintains its current status quo regarding its nuclear program.
• U.S. agrees not to impose new sanctions.
• U.S. agrees not to deploy additional forces to the region.

Iranian Oil Exports

• U.S. Treasury would issue waivers allowing:
  • Export of Iranian crude oil.
  • Export of petroleum products and derivatives.
  • Related services including banking, insurance, and transportation.

Frozen Iranian Assets

• U.S. agrees to make frozen or restricted Iranian funds available.
• Procedures would be established for release and transfer of funds.
• Funds could be directed to beneficiaries designated by Iran's central bank.

Compliance Monitoring

• Joint executive mechanism to monitor implementation of the MOU and compliance with the final agreement.

Final Agreement Structure

• Negotiations on remaining issues begin after implementation of key early measures.
• Final agreement to be endorsed by a binding U.N. Security Council resolution.

This article was written by Greg Michalowski at investinglive.com.