Trump, Iran’s President sign memorandum of understanding
“So if it doesn’t work, is it the vice president’s fault?” Doocy asked.
“Sure, if it works that way, I’ll take the credit. If it doesn’t work, I blame JD,” Trump said.
“You better be careful, JD. He’s going to turn his plane around and get the hell out of here. Yeah, I like that idea. I think it’s a good idea,” the President said.
ENTIRE CONTRACT OF AGREEMENT BETWEEN THE UNITED STATES OF AMERICA + THE ISLAMIC REPUBLIC OF IRAN
A senior US official read the text of the agreement to reporters in a background call on Wednesday:
The United States of America and the Islamic Republic of Iran have jointly agreed in good faith to establish such and such a date as follows:
1. By signing the Memorandum of Understanding, the United States of America and the Islamic Republic of Iran and its allies in the current war declare an immediate and permanent cessation of military operations on all fronts, including Lebanon, and undertake not to initiate any further war or military operations against each other, to refrain from threats or use of force against each other, and to ensure the territorial integrity and sovereignty of Lebanon. The final agreement will confirm the permanent cessation of the war on all fronts, including Lebanon, and the other provisions of this paragraph. .
2. The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and not to interfere in each other’s internal affairs.
3. The United States of America and the Islamic Republic of Iran undertake to negotiate and conclude a final agreement within a maximum of 60 days, which may be extended by mutual consent. .
4. Immediately upon signing of this Memorandum of Understanding, the United States will begin to lift the naval blockade and any inconvenience or obstruction to the Islamic Republic of Iran and will completely lift the naval blockade within 30 days. Ship traffic during this period will be proportional to the number of pre-war traffic restored by the Islamic Republic of Iran. The United States also commits to withdrawing its forces from the vicinity of the Islamic Republic of Iran within 30 days of the final agreement.
5. Upon the signing of this Memorandum of Understanding, the Islamic Republic of Iran will use its best efforts to make arrangements to ensure the safe passage of commercial ships from the Persian Gulf to and from the Arabian Sea for a period of only 60 days. Traffic of commercial ships will begin immediately and will be put into operation within 30 days, taking into account the necessity of removing technical and military obstacles and clearing mines by the Islamic Republic of Iran. The Islamic Republic of Iran will engage in dialogue with the Sultanate of Oman to determine the future administration and maritime services of the Strait of Hormuz, and will engage in negotiations with other Persian Gulf littoral states in accordance with applicable international law and the sovereign rights of coastal states in the Strait of Hormuz.
6. The United States, together with its regional partners, undertakes to develop a definitive, mutually agreed upon plan for the reconstruction and economic development of the Islamic Republic of Iran worth at least US$300 billion. The mechanism for the implementation of this plan will be finalized within the scope of the final agreement within 60 days. All licenses, waivers and permits required for relevant financial transactions will be granted by the United States.
7. The United States commits to end all sanctions against the Islamic Republic of Iran, including United Nations Security Council resolutions, IAEA Executive Board resolutions, and all unilateral primary and secondary U.S. sanctions, within a program agreed upon as part of the final agreement. The Islamic Republic of Iran and the United States of America have recognized the critical importance of the issue of ending the aforementioned sanctions and have expressed their intention to immediately address these issues in negotiations with the aim of reaching mutual agreement on these issues.
8. The Islamic Republic of Iran reaffirms that it will not procure or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed that the stockpile enriched material will be disposed of pursuant to a mutually agreed upon mechanism, with a minimum methodology of down-harvesting on site under the supervision of the IAEA, in accordance with the schedule set forth in the seventh paragraph. The two sides also agreed to discuss the enrichment issue and other mutually agreed issues regarding the nuclear needs of the Islamic Republic of Iran, based on a satisfactory framework agreed upon in the final agreement. The final agreement shall confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran recognize the critical importance of the above-mentioned nuclear issues and express their intention to promptly address these issues in negotiations with a view to reaching mutual agreement on these issues. .
9. The United States and the Islamic Republic of Iran agreed to maintain the status quo until a final agreement is reached. The Islamic Republic of Iran will maintain the status quo of its nuclear program, and the United States will not impose new sanctions or deploy additional forces to the region.
10. Immediately after the signing of this Memorandum of Understanding, until the expiration of sanctions, the United States agrees to ensure that the U.S. Department of the Treasury maintains the export of Iranian crude oil, petroleum products and derivatives, and the management of banking transactions, insurance, transportation, etc. undertakes to issue disclaimers for all relevant services, including
11. The United States of America undertakes to fully release the frozen or restricted funds and assets of the Islamic Republic of Iran. With the entry into force of the Memorandum of Understanding, the United States and the Islamic Republic of Iran will mutually agree on procedures for the release of these funds during negotiations. Such funds, whether held in the original account or transferred, shall be made fully available for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States undertakes to grant all necessary licenses and authorizations accordingly. .
12. The United States of America and the Islamic Republic of Iran agree to establish an enforcement mechanism to monitor the successful implementation of this Memorandum of Understanding and future compliance with the final agreement. .
13. After the signature of this Memorandum of Understanding and provided that the implementation of paragraphs 14, 5, 10 and 11 of this Memorandum of Understanding continues and the implementation of these measures continues, the United States of America and the Islamic Republic of Iran will begin negotiations on a final agreement regarding the other paragraphs only.
14. The final agreement will be approved by a binding UNSC decision.
