The Iranian Media Releases Details of the Iran-US 14-Point Understanding Memorandum

On June 15, Iran’s Mehr News Agency released the full terms of the 14-point Iran-U.S. understanding memorandum. The key details are as follows: 1. Permanently and immediately halt all military hostilities across all fronts, including Lebanon. 2. The U.S. commits to refrain from meddling in Iran’s internal affairs and respect Iran’s sovereignty. 3. Fully lift the maritime blockade on Iran within 30 days. 4. The U.S. pledges to withdraw all its troops from areas surrounding Iran. 5. Subject to Iran’s coordination, the Strait of Hormuz will reopen within 30 days. 6. Suspend all sanctions on Iran’s oil, petrochemical, and derivative sales, and grant Iran full access to its entire financial resources. 7. The U.S. and its allies are obligated to provide Iran with a reconstruction package worth at least $300 billion. 8. Reach a final nuclear deal within 60 days, and fully terminate both U.S. primary and secondary sanctions on Iran, plus related resolutions from the U.N. Security Council and the IAEA Board of Governors. 9. Reaffirm Iran’s commitment under the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) to refrain from developing nuclear weapons. 10. During the negotiation period, the U.S. promises not to deploy additional troops to the region or impose new sanctions. 11. Unblock $240 billion in Iranian frozen funds during the 60-day final negotiation window; half of this amount must be provided to Iran before the talks start. 12. Establish a monitoring framework to oversee the implementation of the agreement. 13. The final agreement will be formalized via a U.N. Security Council resolution. 14. Final negotiations will only launch after three conditions are met: half of Iran’s frozen funds are unblocked, oil sanctions on Iran are suspended, and the maritime blockade is lifted. The final deal will exclusively cover future nuclear enrichment materials and processes, sanctions relief, and Iran’s economic reconstruction plan. Issues related to Iran’s missile program and its support for resistance groups have been explicitly removed from the negotiation agenda.