According to reports, the United States and Iran are nearing a 14-point memorandum of understanding (MoU) aimed at ending the Middle East conflict and reopening the Strait of Hormuz.
Here are the reported key points of the proposed agreement:
- Formal end to the war
The memorandum would officially declare an end to hostilities in the region. - 30-day negotiation window
A month-long negotiation period would begin to finalise a broader agreement covering the Strait of Hormuz, Iran’s nuclear programme, and US sanctions. - Gradual reopening of Hormuz
Iran would ease restrictions on shipping through the Strait of Hormuz, while the US would gradually lift its naval blockade during the negotiation period. - Military option remains on table
If negotiations fail, the US would retain the option to restore the blockade or resume military action. - Moratorium on uranium enrichment
Washington is seeking a long-term halt on Iranian uranium enrichment, reportedly ranging between 12 and 15 years. Iran has proposed a shorter five-year pause. - Extension clause for violations
The US reportedly wants any Iranian breach of enrichment limits to automatically extend the moratorium period. - Limited enrichment after expiry
Iran would reportedly be allowed to enrich uranium up to 3.67% once the moratorium expires. - Commitment against nuclear weapons
Tehran would pledge never to pursue nuclear weapons or engage in weaponisation-related activities. - Restrictions on underground facilities
Iran may also agree not to operate underground nuclear facilities. - Enhanced UN inspections
The agreement includes expanded monitoring measures, including snap inspections by UN nuclear inspectors. - Gradual sanctions relief
The US would begin easing sanctions on Iran in phases. - Release of frozen Iranian assets
Billions of dollars in Iranian funds frozen abroad could be gradually released. - Removal of highly enriched uranium
Reports suggest Iran may agree to remove highly enriched uranium from the country. - Possible transfer of uranium stockpiles
One option under discussion reportedly involves transferring the material to the United States.