Landmark 14-point memorandum of understanding establishes a 60-day window for final peace and nuclear negotiations.
VERSAILLES: In a historic geopolitical development, US President Donald Trump has officially signed a memorandum of understanding (MoU) for a peace agreement with Iran. The landmark 14-point deal, finalized after 60 days of intensive preliminary discussions and ceasefires, aims to permanently terminate military operations between the two nations and their regional allies.
President Trump signed the historic document during a high-profile dinner with French President Emmanuel Macron at the Palace of Versailles, following the G7 summit in France. Concurrently, Iranian President Masoud Pezeshkian signed the agreement from Tehran, establishing an immediate roadmap for comprehensive peace and nuclear de-escalation.
The agreement serves as a 60-day diplomatic framework during which both nations will maintain the current status quo while negotiating a permanent settlement. Under the immediate terms of the MoU, Iran has agreed to instantly reopen the strategically vital Strait of Hormuz to maritime traffic and address the down-blending of its highly enriched uranium stockpiles. In return, the United States will immediately lift its naval blockade on Iranian ports and grant temporary waivers for Iranian crude oil exports.
The agreement also introduces a broader regional framework, mandating an immediate halt to hostilities on all fronts, including Lebanon, while guaranteeing the territorial integrity and sovereignty of the region. US Vice President JD Vance is scheduled to formally sign the agreement alongside international mediators at an official ceremony in Geneva to secure the next phase of the 60-day diplomatic window.
