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US and Iran Agree on Draft Memorandum

US and Iran negotiators have agreed on a draft memorandum for a 60-day ceasefire and nuclear talks, though President Trump has not yet approved.

Sarah Johnson
BySarah Johnson- Senior Editor
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Negotiators from the US and Iran have agreed on a draft memorandum concerning a 60-day ceasefire and the start of negotiations on the nuclear program. However, US President Donald Trump has not yet given final approval.

Oxu.Az reports this, citing the Axios portal. According to US officials, the memorandum provides for "unrestricted" passage through the Strait of Hormuz – meaning Iranian forces will not detain ships or impose fees. Additionally, Tehran must clear all mines in the strait within 30 days.

The US, for its part, will lift the naval blockade of the strait, a process that will occur "in proportion to the restoration of commercial shipping." The document also includes Iran's commitment not to develop nuclear weapons. The disposal of highly enriched uranium will be one of the first topics of negotiation.

The US is ready to discuss easing sanctions against Iran, unfreezing frozen assets, and a mechanism allowing Iranians to receive goods and humanitarian aid. "The president told mediators that he needs several days to think about it," a US official said.

The draft agreement was finalized on May 26, but both sides had to obtain approval from their top leadership. US officials claimed that Iranian representatives later stated they had received approval and were ready to sign. Iran has not confirmed this.

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US and Iran Agree on Draft Memorandum | Bond.az