A 14-point agreement between the United States and Iran has been signed and implemented, confirmed by a White House official. President Donald Trump, who was in France for the G7 summit, formally signed the agreement. Following this accord, the crucial Strait of Hormuz shipping route will be reopened for fuel supplies. In the agreement, Iran commits to refraining from developing nuclear weapons in the future. Additionally, Iran plans to establish a $30 billion fund for the country’s reconstruction and economic development, which does not require contributions from the United States.
This agreement between the US and Iran comes four months after the US and Israel initiated attacks in Iran. The Trump administration has described the deal as “implementation-based.” The US has stated that Iran will benefit from the agreement only after fulfilling its commitments. While the full details of the agreement have been released, many questions remain unanswered, and analysts indicate that it does not address key issues comprehensively. The 14 points outlined in the agreement are as follows:
- 1. End all hostilities across all fronts including Lebanon.
- 2. The US and Iran will respect each other’s sovereignty and territorial integrity and refrain from interfering in internal affairs.
- 3. Extend the ceasefire period by 60 days until a final agreement is reached, with the possibility of further extension.
- 4. The US will completely lift its maritime blockade on Iran within 30 days.
- 5. Reopen the Strait of Hormuz and ensure safe passage for commercial vessels.
- 6. Establish a $30 billion fund for Iran’s reconstruction, without US financial contributions.
- 7. The US will remove all economic sanctions imposed on Iran, although the timeline remains unclear.
- 8. Iran will not procure nuclear weapons and will engage in an agreement regarding processed uranium in Tehran, though the process is not clearly specified.
- 9 & 10. Iran’s nuclear program will remain as is until a final agreement is reached.
- 11. Release frozen Iranian funds.
- 12-14. Oversee implementation of the agreement and conduct further negotiations to finalize the deal.
