Full list: US, Iran sign 14-point ceasefire agreement
The United States and Iran have signed a 14-point Memorandum of Understanding (MoU) designed to consolidate a ceasefire agreement, reopen the Strait of Hormuz, address Tehran’s nuclear programme and create a framework for broader diplomatic and economic engagement.
Contents
Immediate end to military operations
Respect for sovereignty
Sixty-day negotiation period
End of the US naval blockade
Reopening the Strait of Hormuz
$300 billion reconstruction plan
Sanctions relief
Nuclear commitments
Maintaining status quo
Oil export waivers
Release of frozen assets
Compliance monitoring
Framework for a permanent agreement
UN Security Council endorsement
Signed by US President, Donald Trump, and Iranian President, Masoud Pezeshkian, the agreement marks the most significant diplomatic development since hostilities involving the United States, Iran and Israel escalated four months ago.
Trump signed the MoU at a state dinner hosted by French President, Emmanuel Macron, at the Palace of Versailles, while Iran said President Masoud Pezeshkian also endorsed the document.
The White House said the arrangement is already in force, though questions remain over a previously planned signing ceremony in Switzerland.
Trump defended the agreement, saying it was necessary to avoid wider economic disruption, but warned that failure to reach a final deal could lead to renewed military action, saying the US would “bomb the hell” out of Iran if talks collapse.
Iran’s parliamentary speaker and chief negotiator, Mohammad Bagher Ghalibaf, said distrust of Washington remained and warned that Iran’s “finger is on the trigger”, adding that, “If the enemy does not understand the language of logic, we will enter again with the language of power.”
The deal comes after months of conflict involving the US, Iran and Israel, which escalated following the assassination of senior Iranian military figures and Supreme Leader Ayatollah Ali Khamenei at the start of hostilities in February.
The war has disrupted global energy markets, particularly after Iran’s closure of the Strait of Hormuz, a key shipping route for global oil and gas supplies. Oil prices eased slightly following the announcement of the agreement.
Trump said the ceasefire would help prevent “economic catastrophe” and argued that financial markets had already reacted positively to the prospect of peace.
The document outlines immediate steps to reduce military tensions while setting a 60-day timetable for negotiating a comprehensive agreement that could eventually be endorsed through a binding United Nations Security Council resolution.
One of the most significant provisions is the reopening of the Strait of Hormuz, one of the world’s busiest oil shipping routes, whose closure during the conflict disrupted global energy markets.
The agreement also contains commitments on sanctions, reconstruction, frozen Iranian assets, military withdrawals and oversight of Iran’s nuclear programme.
Outline of 14 key points in US-Iran ceasefire agreement.
Immediate end to military operations
The agreement commits the US, Iran and their allies to an “immediate and permanent” end to military operations on all fronts, including Lebanon and further states that neither side will initiate military action or threaten the other and both will respect Lebanon’s territorial integrity and sovereignty.
The document says a final agreement will permanently end the conflict.
However, uncertainty remains over Israel’s position, particularly regarding its military operations against Hezbollah in Lebanon.
Respect for sovereignty
Both countries agreed to respect each other’s sovereignty and territorial integrity and pledged not to interfere in each other’s internal affairs.
The provision is expected to attract attention because the Trump administration had previously voiced support for anti-government protests inside Iran.
Sixty-day negotiation period
The MoU gives both governments a maximum of 60 days to negotiate a final agreement.
The period may be extended if both parties agree, and the countdown began once the document was signed by both leaders.
End of the US naval blockade
The US committed to begin removing its naval blockade and other restrictions affecting Iranian ports immediately after the agreement takes effect.
According to the MoU, the blockade will end completely within 30 days.
The US also pledged to withdraw forces from the vicinity of Iran within 30 days after a final agreement is reached.
Reopening the Strait of Hormuz
Iran agreed to facilitate the safe passage of commercial vessels through the Strait of Hormuz without charging transit fees.
Commercial shipping is expected to resume immediately, although the agreement recognises that demining operations and removal of military obstacles will take time.
The MoU also states that Iran will work with Oman and other Gulf states on a longer-term framework for managing navigation through the strategic waterway.
$300 billion reconstruction plan
The US-Iran ceasefire agreement proposes the creation of a reconstruction and economic development programme valued at at least $300 billion.
The US said it would work with regional partners to establish the fund but stressed that Washington is not obligated to contribute financially.
Instead, other countries and private investors could finance projects if Iran complies with the agreement.
Sanctions relief
The US agreed in principle to terminate sanctions imposed on Iran, including those arising from United Nations Security Council resolutions, International Atomic Energy Agency decisions and unilateral American sanctions.
The timetable for removing sanctions will be negotiated during discussions on the final agreement.
Sanctions relief is expected to be linked directly to Iran’s compliance with the nuclear provisions of the memorandum.
Nuclear commitments
Iran reaffirmed that it will not procure or develop nuclear weapons, as the agreement also provides for negotiations on the disposal of Iran’s stockpile of highly enriched uranium.
At a minimum, the document states the material will be downblended under International Atomic Energy Agency supervision, although the detailed mechanism remains subject to further negotiations.
A senior US official described this as a “minimum standard” and a “major win” for the United States.
Trump has repeatedly argued that preventing Iran from obtaining a nuclear weapon was the principal objective of US military operations.
Maintaining status quo
Until a final agreement is concluded, Iran agreed to maintain its current nuclear programme without further expansion.
The US, in turn, pledged not to introduce additional sanctions or deploy more military forces to the region.
Oil export waivers
Washington committed to issuing waivers allowing Iranian crude oil, petroleum products and related exports to resume.
The waivers also cover associated banking transactions, insurance and transportation services pending the complete removal of sanctions.
Release of frozen assets
The MoU provides for the release of Iranian funds and assets currently frozen or restricted abroad.
The procedures for accessing those funds will be determined during subsequent negotiations.
According to US officials, some assets could become available before a final agreement if Iran demonstrates compliance with the memorandum.
Compliance monitoring
The agreement establishes an executive mechanism that will monitor implementation of the MoU and oversee compliance with any final agreement.
Details of the monitoring structure are expected to be negotiated during the next phase of talks.
Framework for a permanent agreement
Once implementation begins on key provisions, including the ceasefire, reopening of maritime routes, oil export waivers and release of frozen assets. The US and Iran will begin negotiations on the remaining sections of the final agreement.
UN Security Council endorsement
The US-Iran ceasefire agreement states that any final agreement reached by both countries will be endorsed through a binding United Nations Security Council resolution.
Such a resolution would provide the legal framework for implementing the agreement internationally and could formalise commitments on sanctions, nuclear oversight and long-term regional security.
Credit – Tribune
