American and Iranian negotiators have reached a preliminary agreement on a memorandum of understanding lasting 60 days, aimed at extending the ceasefire and starting negotiations on Iran's nuclear program. Although the terms have largely been agreed upon, President Donald Trump has not yet given final approval. The agreement could represent a significant diplomatic achievement, but a final agreement will require further negotiations.
The memorandum will stipulate that maritime traffic through the Strait of Hormuz will be unrestricted, and Iran will need to remove mines from the area within 30 days. It will also include commitments from Iran not to pursue the acquisition of a nuclear weapon and will address the removal of enriched uranium. The United States will commit to discussing the lifting of sanctions and unblocking frozen Iranian funds, as well as a mechanism for delivering goods and humanitarian aid to Iran.
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