The proposed Islamabad Memorandum of Understanding between the United States and Iran has been made public, revealing 14 key provisions covering a ceasefire, sanctions relief, economic cooperation, and future negotiations on Iran’s nuclear program. According to US media reports, the document outlines a framework aimed at reducing tensions and establishing a path toward a comprehensive agreement.
According to CNN, a senior US official disclosed the contents of the memorandum, which calls for an immediate and permanent ceasefire on all fronts, including Lebanon. The draft states that both countries and their allies would refrain from initiating military action against one another and commit to respecting Lebanon’s sovereignty and territorial integrity.
The memorandum also emphasizes mutual respect for sovereignty and non-interference in internal affairs. The United States and Iran would begin negotiations to reach a final agreement within 60 days. Under the proposed terms, the US would start lifting its naval blockade measures against Iran, while Iran would ensure the safe passage of commercial vessels through the Persian Gulf, the Gulf of Oman, and the Strait of Hormuz.
A major part of the draft focuses on economic measures. The United States, together with regional partners, would work on a reconstruction and development initiative worth at least $300 billion for Iran. The document also outlines a phased removal of sanctions, including US unilateral sanctions and other international restrictions. In return, Iran reiterates its commitment not to develop or acquire nuclear weapons, while both sides would continue discussions regarding enriched uranium stockpiles and broader nuclear issues.
The draft further proposes the release of frozen Iranian assets, authorization for Iranian oil and petroleum-related trade, and the creation of a joint mechanism to oversee implementation of the agreement. Once initial provisions are carried out, negotiations on a final treaty would continue. Under the proposal, the final agreement stemming from the Islamabad Memorandum of Understanding would ultimately be endorsed through a binding resolution of the United Nations Security Council.