Complete the 14-point US-Iran peace deal finally unveiled by the Trump administration: Read the full text

The secret US-Iran peace deal was released on Wednesday by the White House – three days after it was signed electronically.

A senior White House official read a 14-point US-Iran memorandum of understanding to reporters on a call on Wednesday – and pledged that the US would immediately lift its embargo and lift sanctions on Iranian oil until a final deal is reached.

Other economic incentives – including the formal lifting of sanctions – are being maintained until an agreement is reached.

The long-awaited release ends days of speculation and vacillation over what was included in the plan and if Iran had more of a deal.

The text reads:

1. The United States of America and the Islamic Republic of Iran and their allies in this current war, by signing this MOU, declare an immediate and permanent end to military operations on all sides, including in Lebanon, and undertake from now on not to start a war or any military attack against each other, and to avoid the threat or use of force against each other, and to ensure the territorial integrity of Lebanon. The final agreement will guarantee a permanent end to the war on all sides, including in Lebanon, and other provisions of this section.
2. The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.
3. The United States of America and the Islamic Republic of Iran commit to negotiating and reaching a final agreement within 60 days of mutual consent.
4. Immediately after the signing of this agreement, the United States of America will begin to remove its naval restrictions and any interference or obstacles against the Islamic Republic of Iran, and will completely end the naval embargo within 30 days. During this time, the fleet will be equal to the number of pre-war vehicles being restored by the Islamic Republic of Iran. The United States of America continues to commit to withdrawing its forces from the Islamic Republic of Iran within 30 days of the final agreement.
5. 5. Upon the signing of this MOU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels without charge for 60 days only from the Persian Gulf to the Sea of ​​Oman, and vice versa, the passage of commercial vessels will begin immediately, and considering the need to remove technical and military obstacles and disarmament within 30 days of Iran. The Islamic Republic of Iran will hold a dialogue with the Sultanate of Oman to define the future management and maritime services in the Strait of Hormuz in dialogue with the rest of the Persian Gulf or [Gulf] states in accordance with the applicable international law and the sovereign rights of the states on the coast of the Strait of Hormuz.
6. The United States of America commits with its regional partners to make a specific, agreed-upon plan of at least USD $300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The implementation of this plan will be finalized as part of the final agreement within 60 days. All necessary licenses, waivers, and permits required for the relevant financial activities shall be granted by the United States of America.
7. The United States of America promises to end all types of sanctions against the Islamic Republic of Iran, including the resolutions of the United Nations Security Council, i.e. the resolutions of the Board of Governors, as well as all United States sanctions, primary and secondary, in the program agreed upon as part of the final agreement. The Islamic Republic of Iran and the United States of America acknowledge the importance of the above-mentioned sanctions relief issue and express their intentions to quickly resolve these issues in negotiations to reach an agreement on both sides up to the eighth stage. The Islamic Republic of Iran guarantees that it will not buy or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the disposal of the enriched material following the method to be agreed upon in accordance with the schedule mentioned in the seventh paragraph, and the minimum method to be assembled on site under the supervision of the IAEA.
8. The two sides also agreed to discuss the issue of enrichment and other mutually agreed issues related to the nuclear needs of the Islamic Republic of Iran, based on the satisfactory framework agreed upon in the final agreement. The final agreement shall confirm the provisions of this section. The United States of America and the Islamic Republic of Iran recognize the critical importance of the above-mentioned nuclear issues and express their intention to resolve these issues as soon as possible through negotiations to reach an agreement on both.
9. Pending a final agreement, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status of its nuclear program and the United States of America will not impose new sanctions and will not use additional force in the region.
10. The United States of America promises that immediately after the signing of the MOU until the sanctions are lifted, the US Treasury Department will issue a waiver on the export of Iranian crude oil, petroleum products, and derivatives, and all related services, including banking, insurance, transportation, etc.
11. The United States of America pledges to make fully available for use frozen or restricted funds and assets of the Islamic Republic of Iran. After the implementation of this MOU, the United States of America and the Islamic Republic of Iran will agree on procedures related to the release of these funds during negotiations. Those funds, whether kept in an actual account or transferred, will be fully utilized for payment to any final beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and approvals accordingly.
12. The United States of America and the Islamic Republic of Iran agreed that an administrative mechanism will be established to monitor the effective implementation of this MOU and the future implementation of the final agreement.
13. After signing this MOU, and subject to the beginning of the implementation of sections 1, 4, 5, 10, and 11 of the MOU, and the continuation of the implementation of these measures, the United States of America and the Islamic Republic of Iran will begin negotiations regarding the final agreement only on other sections.
14. The final agreement will be ratified by a binding resolution of the UNSC.