US-Iran War Key News
(Taipei, June 17 — Correspondent Hou Tzu-Ying, Washington) The United States and Iran are set to sign a Memorandum of Understanding (MoU), with senior U.S. officials today disclosing the agreement’s contents. These include allowing vessels to pass freely and without charge through the strategic Strait of Hormuz for 60 days, and planning a $300 billion fund for Iran’s reconstruction and economic development. President Donald Trump warned that if Tehran violates the agreement, the U.S. will “bomb them back to the Stone Age.”
The U.S. and Iran plan to formally sign the MoU on June 19 in Switzerland, finalizing previously reached understandings and paving the way for further negotiations aimed at ending the Middle East conflict and strictly limiting Iran’s nuclear program.
Earlier reports from foreign media indicated that Iran’s chief negotiator, Mohammad Bagher Ghalibaf, will attend the signing ceremony on the 19th, while U.S. Vice President JD Vance will represent Washington. However, Trump said today he “might” personally attend the MoU signing ceremony.
Meanwhile, a senior U.S. official revealed the MoU’s contents during a conference call with reporters, reading out its 14 paragraphs. These include a joint declaration by the U.S., Iran, and their respective allies in the current conflict to immediately and permanently cease all military operations across all fronts. The U.S. and Iran have committed to concluding final negotiations and reaching a definitive agreement within a maximum of 60 days (extendable by mutual consent).
Other provisions include the U.S. ending its blockade of Iranian ports, maritime traffic through the Strait of Hormuz resuming to pre-war levels within 30 days, and the U.S. pledging to withdraw its military forces from areas surrounding Iran within 30 days of final agreement implementation.
The senior official noted this means “assuming we reach a final agreement, we will return our military presence in the region to the state it was in before the conflict began.”
The MoU also states that Iran will make its best efforts to ensure safe and free passage for commercial vessels transiting between the Persian Gulf and the Sea of Oman for a period of 60 days. The U.S. commits to working with partner nations to develop a reconstruction and economic development plan for Iran worth at least $300 billion. The implementation mechanism for this plan will be finalized within 60 days as part of the final agreement, and the U.S. will grant all necessary licenses, exemptions, and authorizations for related financial transactions.
Additional terms include the U.S. pledging to lift all types of sanctions against Iran according to a timeline agreed upon in the final deal. Iran reaffirms that it will not acquire or develop nuclear weapons. The U.S. and Iran have agreed on a mutually acceptable mechanism to address the disposition of enriched material stockpiles, with dilution under International Atomic Energy Agency (IAEA) supervision as the minimum standard.
Following the signing of the MoU, the U.S. Treasury will grant sanctions exemptions for Iranian crude oil and petrochemical exports. The U.S. also commits to making Iran’s frozen or restricted funds and assets fully accessible upon implementation of the MoU.
Trump, attending the G7 summit in France, emphasized during another press conference today that Iran must comply, or face renewed U.S. attacks. “If they violate the agreement, we’ll bomb them back to the Stone Age,” he said. (Edited by Kao Chao-Fen) 1150618
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- Source: CNA (Central News Agency)
- Category: Taiwan