A draft of a proposed Iran‑U.S. memorandum of understanding has been circulated, outlining 14 key points. The draft calls for an immediate and permanent cease‑fire on all fronts, including Lebanon, and a U.S. pledge not to intervene in Iran's internal affairs. It proposes ending the naval blockade and reopening the Strait of Hormuz within 30 days, withdrawing U.S. forces from the region, and suspending oil‑related sanctions to restore Iran's revenue access.
The document also includes a $300 billion package for reconstruction and financial aid from the United States and its allies, a 60‑day negotiation period on a final nuclear agreement and broader sanctions relief, and Iran’s commitment not to develop nuclear weapons under the NPT. Additional provisions call for no deployment of forces or new U.S. sanctions during talks, the release of $24 billion of frozen Iranian assets, the creation of a monitoring mechanism and UN Security Council approval of the final deal, and the removal of Iran’s missile program and support for regional groups from the negotiation agenda.