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Published 09:40 18 Jun 2026 GMT
Full 14-point list in peace deal between USA and Iran revealed
The US has announced a 14-point peace plan, which they officially agreed with Iran on Wednesday (June 17).
It is titled the 'Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran.'
A senior US administration official read out the document, which outlined agreements to reopen the Strait of Hormuz, in addition to financial restrictions on Iran and the plan for the Middle Eastern nation’s nuclear programme.
The document was made public following criticism that it wasn’t released in full.
Speaking to the public, the official explained that 'this is fundamentally an agreement that allows us to open the Strait of Hormuz immediately.'
The memorandum is set to be formally signed on Friday, which will start a 60-day window to negotiate the finer details of the deal.
The official text begins: "The United States of America and the Islamic Republic of Iran have jointly agreed in good faith on [ __ date] on the following:"
Here are all 14 points outlined in the groundbreaking document, as per CNN.
Permanent end to the war
The US and Iran, as well as their allies, will sign the document to 'declare the immediate and permanent termination of military operations on all fronts, including in Lebanon.'
They will not 'initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other.'
"The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon and other provisions of this paragraph," it read.
Respect each other's sovereignty
The document read: "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."
60-day deadline
"The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days, extendable with mutual consent," it detailed.
US to lift naval blockade
The document states that the US will prevent any interference or obstruction against Iran and restore traffic to its full capacity within 30 days.
It further reads: "During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic 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."
Iran given 30 days to move merchant ships
The nation must move merchant ships from the Persian Gulf to the Sea of Oman and vice versa within 30 days to pre-war volume.
They will also 'make arrangements using its best efforts for the safe passage of commercial vessels with no charge, for 60 days only.'
They must also work with the Sultanate of Oman to define the 'future administration and maritime services in the Strait of Hormuz,' in line with international law and other sovereign rights of coastal states of the Strait.
Plan for the economic development of Iran
The US will work with partners to supply financing of at least $300bn 'for the reconstruction and economic development of the Islamic Republic of Iran.'
This will be finalized in the final deal, as 'all required licenses, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America.'
US will halt all types of sanctions on Iran
The document explains that the US will stop all sanctions against Iran, which includes 'the United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, in an agreed upon schedule as part of the final deal.'
It is said that the nations understand the 'critical importance' of terminating these sanctions.
Iran will never produce weapons
The nation must reaffirm that it will not procure or develop nuclear weapons, adding that the countries 'have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon.'
The methodology involves being down-blended on-site, under the supervision of the International Atomic Energy Agency.
They will also discuss the issue of enrichment and 'other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs.'
"The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned.
"They express their intention to immediately address these issues in the negotiations in order to achieve mutual agreement on them," it confirms.
The US and Iran to "maintain the status quo"
The peace deal reads: "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."
US Treasury to issue waivers for exports of Iranian oil and chemical products
The US agree, until the termination of sanctions, to 'issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.'
Iran's frozen funds will be made available
The US will unfreeze Iran's frozen or restricted funds and assets of Iran following the implementation of the MOU (Memorandum of Understanding).
It is revealed that the US and Iran will agree on the procedures linked to the release of these funds.
"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," it reads, adding that the US will issue licenses and authorizations required.
Mechanism established to oversee MOU implementation.
The MOU reads: "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 the future compliance of the final deal."
Iran and US to enter negotiations for a final agreement
The document explains that following the signing of the document and subject to its implementation of said measures, 'the United States of America and the Islamic Republic of Iran will start negotiations regarding the final deal exclusively on the other paragraphs.'
Agreement to be approved by UN Security Council
"The final deal will be endorsed by a binding UN Security Council (UNSC) resolution," the final point reads.