Informed sources in Tehran reported that the features of a new memorandum of understanding are beginning to crystallize between the Iranian and American sides. Mehdi Mohammadi, an advisor to the Speaker of the Iranian Parliament, revealed the main axes that will form the general framework of this anticipated agreement. These understandings aim to de-escalate tensions in the region by establishing legal and practical foundations to ensure stability in the coming period.
The leaked clauses indicate that the agreement includes a comprehensive cessation of all military operations directed against Iran and Lebanon, with Washington providing clear guarantees to prevent the renewal of field tensions. This military track serves as a first step to build trust between the two parties, ensuring the protection of infrastructure and national sovereignty from any external targeting during the memorandum's validity period.
On the financial front, the memorandum stipulates the immediate release of a portion of Iranian assets that were frozen in foreign banks due to previous sanctions. This step is scheduled to coincide with the implementation of other clauses, providing liquidity to support the Iranian economy in facing current challenges.
Regarding the energy sector, Mohammadi clarified that the understanding calls for the suspension of sanctions imposed on Iranian oil exports for an initial period of up to sixty days. This measure aims to increase economic exchanges and meet the growing international need for the return of Iranian crude to global markets, especially in light of the energy crises affecting the world.
The memorandum also addresses the issue of international navigation, with the United States committing to ending the imposed naval blockade, particularly in the strategic Strait of Hormuz region. This step would restore maritime trade and international transport to normalcy, reducing shipping risks and contributing to the stability of global energy prices that have been affected by recent tensions.
It is noteworthy that the first phase of these negotiations will not address the Iranian nuclear file, as Tehran stipulates the implementation of initial commitments by Washington before entering into this complex file. Sources confirmed that the Iranian side insists on seeing tangible results on the ground regarding the lifting of economic sanctions before sitting at the nuclear negotiations table.
In the final phase of the agreement, the focus will be on reconstruction and compensation for damages resulting from previous military operations. Leaks speak of a proposal to establish a massive investment fund worth up to $300 billion, allocated to finance development projects and compensate for losses, representing a radical shift in the trajectory of regional and international relations.
On the other hand, the initial commitments must be fully implemented before moving to the phase of comprehensive nuclear issues talks.
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Unveiling the Features of an Anticipated Iranian-American Memorandum of Understanding: Cessation of Military Operations and Suspension of Oil Sanctions