US-IRAN MOU draft released, includes $300bn fund, lifting sanctions, open Harmuz

US-IRAN MOU draft released, includes $300bn fund, lifting sanctions, open Harmuz

The United States has made public the full text of a 14-point memorandum of understanding reached with Iran over the weekend, ending days of silence over what the agreement actually contained.

US officials released after growing public pressure over the lack of transparency regarding the deal, which President Donald Trump had announced on Sunday.

It is scheduled to be signed on Friday, after which both sides will have 60 days to negotiate the terms of a final agreement. Iran has so far not released any details of its own.

The document states that “Iran will make arrangements using its best efforts for the safe

passage of commercial vessels with no charge for 60 days.”

Open Hormuz Iran Agrees Never To Develop A Nuclear Weapon $300 Billion econstruction Fund Lifting Sanctions 60-Day Window To Reach Final Agreement