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US Releases Iran MOU Text
The United States and Iran signed an official memorandum of understanding that includes an agreement to cease military operations on all fronts, including Lebanon, and to halt internal interventions, along with steps to improve economic relations. The memorandum outlines measures to lift the maritime blockade, ease sanctions, and cooperate to rebuild Iran’s economy through a plan valued at $300 billion, with a 60-day negotiation period to reach a final agreement. It also affirms both parties’ commitment not to pursue nuclear weapons and to facilitate the passage of ships through the Strait of Hormuz.
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