U.S and Iran set framework for 60-day negotiations in new memorandum outlining ceasefire, sanctions relief, and nuclear restrictions
The United States and Iran are expected to sign a memorandum of understanding on Friday that establishes a 60-day negotiating period beginning in Switzerland, according to the text of the agreement read to reporters.
The document, titled the “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran,” outlines a framework intended to halt military activity and guide talks toward a comprehensive final deal.
Under the agreement, both sides declare an immediate and permanent end to military operations on all fronts and commit to refraining from the use or threat of force against one another. It also calls for respect for each nation’s sovereignty and a pledge not to interfere in internal affairs.
The memorandum sets a maximum 60-day window, extendable by mutual consent, for negotiations to reach a final agreement.
It also includes provisions for reducing military tensions, including steps to end naval restrictions and adjust force posture in the region over a defined timeline. The document describes phased measures tied to the signing and implementation of the agreement.
On economic issues, the framework outlines plans for sanctions relief, including potential termination of unilateral U.S. sanctions and related international restrictions as part of a final deal. It also references possible financial support for reconstruction and economic development efforts, to be agreed upon during negotiations.
The text further addresses Iran’s nuclear program, stating Iran’s commitment not to pursue nuclear weapons and proposing mechanisms for handling enriched nuclear material under international supervision. It also calls for discussions on enrichment levels and other nuclear-related issues to be resolved in the final agreement.
Pending a final deal, both countries agree to maintain the status quo, including limits on new sanctions and military deployments.
The memorandum also outlines potential U.S. waivers related to Iranian oil exports and the possible release of frozen or restricted Iranian assets, subject to agreed procedures.
An executive mechanism would be established to monitor implementation and compliance, and the final agreement would ultimately be submitted for endorsement through a binding United Nations Security Council resolution.
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