President Donald Trump has officially signed he Memorandum of Understanding with Iran, a framework agreement that sets out 14 key negotiating points both nations hope to uphold over the next 60 days.

The document, known as the Islamabad Memorandum of Understanding, outlines U.S. objectives that include ending the war, restoring normal operations through the Strait of Hormuz, and ensuring Iran cannot obtain a nuclear weapon.

A senior U.S. official described the pact as a “dial” mechanism — if Iran demonstrates good behavior, Washington will respond with economic and sanctions relief. The memorandum also introduces a “minimum methodology” for neutralizing Iran’s stockpile of highly enriched uranium, requiring down‑blending under IAEA supervision.

The agreement will now serve as the basis for negotiations toward a binding final deal, expected to be endorsed by the UN Security Council.

The 14 Points at a Glance

• End of hostilities — Permanent termination of military operations on all fronts.
• Respect for sovereignty — Both sides pledge non‑interference in internal affairs.
• Timeline for final deal — 60 days to negotiate, extendable by consent.
• Naval blockade lifted — U.S. to end blockade within 30 days.
• Safe passage of vessels — Iran to guarantee commercial shipping through Hormuz.
• Economic reconstruction plan — $300 billion development package for Iran.
• Sanctions termination — Gradual lifting of UN, IAEA, and U.S. sanctions.
• Nuclear commitments — Iran reaffirms it will not pursue nuclear weapons.
• Status quo maintained — No new sanctions or military escalation.
• Oil export waivers — Treasury to allow Iranian crude exports.
• Release of frozen funds — Iran’s assets made fully available.
• Monitoring mechanism — Executive body to oversee compliance.
• Negotiations on remaining issues — Talks continue after initial steps.
• UN endorsement — Final deal to be ratified by UNSC resolution.