US releases official 14-point memorandum with Iran on nuclear programme, Strait of Hormuz

The United States released on Wednesday the official text of a memorandum of understanding reached with Iran, following public calls for transparency. Titled the "Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran," the 14-point document outlines a framework for de-escalation and nuclear negotiations between the two countries.

The memorandum addresses several key areas: immediate reopening of the Strait of Hormuz, the removal of US naval blockades within 30 days, and provisions for Iran to facilitate safe passage of commercial vessels through the Persian Gulf. It commits both nations to respecting each other's sovereignty, refraining from military operations on all fronts including Lebanon, and avoiding threats or use of force. A senior US administration official described the agreement as allowing immediate opening of the Strait of Hormuz while committing Iran to destroying nuclear material, with economic sanctions relief tied to Iranian compliance.

The agreement includes provisions addressing Iran's nuclear programme through future technical talks and references a "minimum methodology" for neutralizing Iran's stockpile of highly enriched uranium. Both countries undertake to negotiate and achieve a final deal within 60 days, with the possibility of extension by mutual consent. The memorandum also envisions a USD 300 billion regional development plan in cooperation with US partners.

The official text released differs from earlier draft versions in language and substance, particularly regarding nuclear provisions. The memorandum is scheduled for formal signing on Friday, which will trigger the 60-day negotiation window for finalizing comprehensive deal terms. The release of the official text came after public outcry over the lack of transparency regarding the agreement's contents.