US and Iran Sign 14-Point Islamabad Peace MoU: Full Clauses and Implications
Key facts
- US and Iran Sign 14-Point Islamabad Peace MoU: Full Clauses and Implications
- The US and Iran signed a 14-point Islamabad Memorandum of Understanding to end military hostilities and lift maritime blockades. The deal includes releasing $24B in assets and $300B for reconstruction, setting a 60-day window for a final treaty.
- Source: PR Times
- Date: June 18, 2026
Direct answer
The US and Iran signed a 14-point Islamabad Memorandum of Understanding to end military hostilities and lift maritime blockades. The deal includes releasing $24B in assets and $300B for reconstruction, setting a 60-day window for a final treaty.
- Citation
- US and Iran Sign 14-Point Islamabad Peace MoU: Full Clauses and Implications (June 18, 2026), PR Times
- Source
- PR Times
- Date
- June 18, 2026
The US and Iran signed a 14-point Islamabad Memorandum of Understanding to end military hostilities and lift maritime blockades. The deal includes releasing $24B in assets and $300B for reconstruction, setting a 60-day window for a final treaty.
📋 Article Processing Timeline
- 📰 Published: June 18, 2026 at 12:24
- 🔍 Collected: June 18, 2026 at 12:40 (16 min after Published)
- 🤖 AI Analyzed: June 18, 2026 at 17:40 (5h 0m after Collected)
US officials announced the full text of the 'Islamabad Memorandum of Understanding between the United States and the Islamic Republic of Iran' on the 17th. This landmark 14-point agreement establishes a framework to formally end the war that began on February 28, 2026. Key provisions include the permanent cessation of military operations on all fronts, including Lebanon, and the immediate lifting of the US maritime blockade on Iran. In exchange, Iran has committed to ensuring the safe passage of commercial vessels through the Strait of Hormuz for 60 days, while suggesting future maritime fees. Economically, the US will release over $24 billion in frozen Iranian assets and issue waivers for Iranian crude oil exports. A $300 billion reconstruction fund for Iran's development is also planned, likely funded by regional partners. Regarding nuclear issues, Iran agreed to dilute its enriched uranium under IAEA supervision on-site but retained its peaceful nuclear rights. This preliminary deal serves as the foundation for 60 days of negotiations starting in Switzerland on the 19th, aiming for a final comprehensive agreement by year-end.
FAQ
What is the timeline for the final agreement?
The parties have agreed to reach a final agreement within a maximum of 60 days from the signing of the memorandum, starting with negotiations in Switzerland on June 19.
Does this deal remove all sanctions on Iran?
The memorandum commits to ending all sanctions, including UN and US unilateral ones, according to a schedule to be finalized in the subsequent treaty.
How will the agreement be verified?
A joint execution mechanism will be established to monitor compliance and ensure all commitments, especially nuclear ones, are verified.