Reopening of Hormuz, pause to the nuclear program and unlocking of funds: the details of the peace agreement between Iran and the US

Reopening of Hormuz, pause to the nuclear program and unlocking of funds: the details of the peace agreement between Iran and the US

The world awaits the end of the conflict between Iran and the United States. After the announcement of the agreement by the US president Donald Trump This Sunday, the details begin to take shape. This Friday, June 19, a signing of the agreement mediated by Qatar and Pakistan between both great powers will take place in the Swiss city of Ginebra. Despite Israeli opposition to sticking to the agreement, Iran’s Foreign Minister, Abbas Araghchihas called for Israel to stop all attacks on Lebanon, in talks with its counterparts in Iraq, Türkiye and Egypt. “The Israeli attacks on Lebanon must cease completely and the United States has the responsibility to implement the framework agreement to end the war,” Araqchi announced on his Telegram account.

Iranian media have revealed some of the details of the deal. According to the semi-official news agency Morehe Iran’s missile program and its support for its regional allies They have been excluded from the negotiations and are not part of the pact. The memorandum of understanding would 14 points which include an immediate and permanent ceasefire on all fronts, including Lebanon, the release of $24 billion in Iranian assets frozen for 60 days of negotiations, with half of the funds available before the start of talks. Tehran would reaffirm its commitment under the Nuclear Non-Proliferation Treaty not to develop nuclear weapons and reopen the Strait of Hormuz within 30 days, according to the terms established by Iran.

Mehr says the agreement includes a plan for reconstruction of Iran valued at approximately $300 billion, and Washington’s commitment to withdraw its forces from the areas surrounding Iran no longer interfere in their internal affairs. Also suspended are sanctions on the sale of Iranian oil and a 60-day negotiation process focused on the nuclear issue and the management of enriched nuclear material. Shipping in the Strait of Hormuz will resume within days after Trump announced that this key sea lane, which has been under a de facto Iranian blockade, will open to all maritime traffic on Friday, and Tehran signaled that the US naval blockade to its ports will rise immediately.

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