Trump Signs US-Iran Memorandum at Versailles

Agreement aims to end hostilities, reopen the Strait of Hormuz, and launch negotiations on a final deal within 60 days

US President Donald Trump confirmed that he signed a memorandum of understanding (MOU) with Iran during a dinner at the Palace of Versailles, marking a significant step toward ending recent hostilities and launching a new diplomatic process between Washington and Tehran.

According to officials from both countries, the agreement establishes an immediate cessation of military operations and provides a framework for negotiations aimed at reaching a comprehensive final settlement within 60 days. The memorandum was reportedly signed electronically by President Trump and Iranian President Masoud Pezeshkian before being formally acknowledged at Versailles.

The agreement includes commitments by both sides and their allies to end military actions, refrain from the use or threat of force, and pursue diplomatic solutions to outstanding disputes. It also outlines plans to negotiate a broader accord covering sanctions, regional security, and Iran’s nuclear programme.

One of the most significant provisions concerns the reopening of the Strait of Hormuz, a vital global energy shipping route. Under the memorandum, Iran will facilitate the safe passage of commercial vessels while efforts continue to clear the waterway and restore normal maritime traffic. The reopening is expected to ease concerns over global energy supplies and could contribute to lower oil prices if stability is maintained.

The framework also addresses economic issues. The United States has agreed to begin easing restrictions on Iranian trade and port operations, while discussions on broader sanctions relief and access to frozen Iranian assets will continue as part of the negotiations toward a final agreement.

On the nuclear issue, Iran reaffirmed its commitment not to develop nuclear weapons. Both sides agreed that discussions on Iran’s enriched uranium stockpiles and future nuclear activities would take place under international supervision during the negotiation period.

Pakistan's Prime Minister Shehbaz Sharif, who played a mediating role in the talks, said a commemorative ceremony and technical discussions are expected to take place in Switzerland. The final agreement, if reached, is expected to be submitted to the United Nations Security Council for endorsement.

While the memorandum has been welcomed as a breakthrough in efforts to reduce tensions in the Middle East, officials have emphasized that substantial negotiations remain ahead before a permanent settlement can be secured. 

 

Key Points of the US-Iran Memorandum of Understanding

• Permanent End to Hostilities

Immediate and permanent cessation of military operations by the United States, Iran, and their allies.

Commitment not to initiate war, military operations, or threats of force against one another.

Pledge to respect Lebanon’s sovereignty and territorial integrity.

• Final Agreement Within 60 Days

Both sides will negotiate a comprehensive agreement within 60 days.

The deadline may be extended by mutual consent.

• Removal of US Blockade

The United States will begin lifting its blockade of Iranian ports immediately.

The process is expected to be completed within 30 days.

US forces near Iran will be withdrawn within 30 days of a final agreement.

• Reopening the Strait of Hormuz

Iran will facilitate safe passage for commercial vessels between the Persian Gulf and the Sea of Oman.

Maritime traffic will resume immediately and return to full capacity within 30 days after mine-clearing operations.

• $300 Billion Reconstruction Plan

The United States and regional partners will develop a reconstruction and economic development package worth at least $300 billion for Iran.

• Lifting of Sanctions

The United States will begin terminating sanctions against Iran.

Frozen and restricted Iranian assets will be made available upon implementation of the memorandum.

Waivers will be issued immediately for Iranian oil exports and related banking, insurance, and transport services.

• Nuclear Commitments

Iran reaffirms it will not develop or acquire nuclear weapons.

A mutually agreed mechanism, supervised by the IAEA, will address Iran’s enriched uranium stockpile.

Iran will maintain its current nuclear programme pending a final deal.

The United States will refrain from imposing new sanctions or deploying additional forces in the region during negotiations.

• Signing and Follow-Up Talks

The memorandum was electronically signed by US President Donald Trump and Iranian President Masoud Pezeshkian.

Pakistan’s Prime Minister Shehbaz Sharif assisted mediation efforts.

A ceremony and technical-level talks are scheduled to take place in Switzerland.

• UN Security Council Endorsement

The final agreement is expected to be endorsed through a binding United Nations Security Council resolution.