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US and Iran sign MoU

US and Iran sign MoU

U.S. President Donald Trump and his Iranian counterpart, Massoud Beishkian, signed a memorandum of understanding aimed at ending the war in the Middle East. The agreement includes an immediate and permanent ceasefire on all fronts, including Lebanon. The main provisions of the agreement entail both parties' commitment to non-interference in internal affairs, negotiations within 60 days to reach a final agreement, removal of the U.S. naval blockade against Iran, and the withdrawal of U.S. forces from around Iran within 30 days of signing the deal. The memorandum also includes pledges to ensure the free passage of commercial ships through the Strait of Hormuz, an American plan worth $300 billion for the reconstruction of the Iranian economy, and the cancellation of all sanctions against Iran, with Tehran emphasizing that it does not seek to develop nuclear weapons.

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