US-Iran Secret Peace Agreement Announced

On Wednesday, U.S. officials revealed a peace agreement with Iran, just three days after its electronic signing. A senior official detailed a 14-point memorandum during a call with reporters, which includes an immediate lifting of the blockade and the waiving of sanctions on Iranian oil until a final deal is finalized.

Some economic incentives, like the formal end of certain sanctions, will remain in place until an agreement is reached. This long-anticipated announcement put an end to the speculations about the deal’s contents and whether it was overly favorable to Iran.

1. The memorandum signifies that the U.S., Iran, and their allies declare an immediate and permanent halt to military operations on all fronts, including in Lebanon. They commit to avoiding future conflicts and to respect Lebanon’s territorial integrity.
2. Both nations plan to respect each other’s sovereignty and not interfere in internal matters.
3. The U.S. and Iran aim to negotiate a final agreement within 60 days, with the option to extend it by mutual consent.
4. After signing, the U.S. will initiate a naval blockade lift and will remove any interference with Iran, completely ending the blockade within 30 days. Shipping traffic during this transition will be aligned with pre-war levels in Iran. U.S. forces will also withdraw from areas near Iran within 30 days of the final deal.
5. Iran will do its utmost to ensure safe passage for commercial vessels between the Persian Gulf and the Sea of Oman within 60 days, addressing any technical military obstacles, including demining efforts. Iran will consult with neighboring countries, including Oman, for ongoing maritime management in the Strait of Hormuz.
6. The U.S. agrees to collaborate with regional partners on a plan for Iran’s reconstruction, projected at around $300 billion. A mechanism for its implementation will be decided within 60 days under the final agreement. Necessary licenses and permits for related financial transactions will be granted by the U.S.
7. The deal will see an end to all forms of sanctions against Iran, including those from the U.N. Security Council and U.S. unilateral sanctions, following a mutually agreed timeline. Both nations realize the importance of these sanctions-related issues and plan to tackle them immediately during negotiations. Iran also reaffirms its commitment not to develop nuclear weapons.
8. Both parties will engage in discussions regarding enrichment issues and Iran’s nuclear needs within a satisfactory framework outlined in the final agreement, emphasizing the urgency of these topics.
9. Until the final arrangement is completed, Iran will keep its nuclear program status quo, and the U.S. will refrain from imposing new sanctions or increasing troop presence in the region.
10. The U.S. will exempt exports of Iranian crude oil and related services until sanctions are lifted after the memorandum is signed.
11. Iran will gain access to frozen or restricted funds and assets, with procedures for their release agreed during negotiations. These funds will be available for transactions designated by Iran’s Central Bank.
12. An enforcement mechanism will be established to oversee the implementation of the memorandum and future agreement compliance.
13. Post-signing, negotiations for a final agreement concerning other sections will commence, contingent on the initiation of specified measures in the memorandum.
14. The final agreement will require a binding resolution from the Security Council for approval.