US President Donald Trump has said a memorandum of understanding (MoU) with Iran has been "all signed"electronically, and the Strait of Hormuz will be “completely open” by Friday.
US officials told the Reuters and AFP news agencies that the agreement was signed by Trump, US Vice President JD Vance and main Iranian negotiator and Parliament Speaker Mohammad Bagher Ghalibaf.
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The details of the MoU between the US and Iran have not yet been made fully public, but officials on both sides have offered some indications of what may be included.
- Iran’s National Security Council said on Monday that the deal ends fighting on all fronts, including in Lebanon, and lifts the US naval blockade on Iranian ports.
- Both sides say negotiations on Iran’s nuclear programme as well as relief from sanctions will take place in follow-up talks during the 60-day period after the MoU is officially signed in Switzerland on Friday.
- Trump said the Strait of Hormuz will be “open to all” on Friday, while Vance said there would be no tolls on traffic in the waterway during the 60-day period.
- A senior Iranian official told Reuters the US had agreed to release $25bn of Iran’s frozen assets and waive sanctions on oil for a specified period of time.
- But Vance denied that, telling US media that “there hasn’t been a single dollar of sanctions relief or unfrozen assets” from Washington or its allies.
- Vance also said the MoU is a “general document” which is about “a page and a half”. Details of the text could be released soon, he added.
source: commonspace.eu with al Jazeera (Doha) and agencies
