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The American and Iranian parties have signed a memorandum of understanding outlining the terms for a 60-day ceasefire, aimed at paving the way for final negotiations. The agreement stipulates that no military operations will be conducted between them, and that Iran will have its maritime blockade lifted within 30 days, with immediate passage of commercial ships. It also includes a plan to reconstruct Iran with investments of no less than $300 billion, along with the termination of all sanctions imposed on Iran within an agreed-upon timetable. Additionally, Iran reaffirmed its commitment not to seek or develop nuclear weapons, with upcoming discussions regarding its nuclear program.
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