Draft U.S.-Iran Memorandum Outlines Ceasefire, Sanctions Relief and Nuclear Commitments

New York, June 2026 : A 14-point draft memorandum between the United States and Iran has outlined a roadmap for ending hostilities, reviving regional stability and addressing Tehran’s nuclear programme, according to a document released by Bloomberg on Wednesday. The two countries are reportedly set to formally sign the memorandum of understanding (MoU) in Switzerland on June 19.

According to the draft, the signing of the MoU would mark an immediate and permanent end to the ongoing conflict involving Iran, the United States and their respective allies across multiple fronts, including Lebanon. Both sides would commit to refraining from hostile actions against each other from the moment the agreement takes effect.

The document stresses mutual respect for sovereignty and territorial integrity, with both nations pledging not to interfere in each other’s internal affairs. It also lays out a framework for negotiating a comprehensive final agreement within 60 days of signing the MoU, with the possibility of extending the timeline through mutual consent.

One of the key provisions involves the lifting of restrictions on maritime trade. The United States would remove the naval blockade and restore shipping activity to full capacity within 30 days. The draft also states that U.S. forces would withdraw from surrounding areas within 30 days after the final agreement is reached.

Iran, in turn, would take immediate steps to restore merchant shipping through the Persian Gulf and the Sea of Oman, aiming to return maritime traffic to pre-war levels within a month.

The agreement also envisages a large-scale economic rehabilitation package for Iran. The United States, together with regional partners, would support reconstruction and economic development efforts, including financing of at least $300 billion.

A major aspect of the draft concerns sanctions relief. The United States commits to ending all forms of sanctions currently imposed on Iran—including unilateral primary and secondary sanctions—according to a schedule to be finalized in the eventual agreement.

In addition, the U.S. Treasury Department would issue waivers allowing exports of Iranian crude oil, petrochemical products and their derivatives immediately after the signing of the MoU and until sanctions are formally lifted.

The draft further provides for the release and unfreezing of restricted Iranian funds and assets as negotiations progress toward a final settlement.

On the nuclear front, Iran reiterates that it will never develop nuclear weapons. Both countries have agreed that issues related to enriched uranium, nuclear materials and Iran’s peaceful nuclear needs would be comprehensively addressed under the final agreement.

The document also states that Iran would maintain the current status of its nuclear programme during negotiations, while the United States would refrain from imposing new sanctions or expanding its military presence in the region.

If implemented, the proposed agreement could represent one of the most significant diplomatic breakthroughs in recent years, potentially reshaping the geopolitical landscape of West Asia while reducing tensions in one of the world’s most strategically important regions.

(The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)