Geneva: Trump reiterated that an agreement to end the conflict with Iran has been reached. The United States and Iran have reached a provisional agreement to end their conflict and extend the ceasefire for another 60 days. The US leader reiterated that Iran will not be able to possess nuclear weapons, according to the terms of the agreement, the details of which will be officially revealed at a signing ceremony in Switzerland on Friday.
According to Thai News Agency, this approximately one-and-a-half-page memorandum of understanding (MOU) was pre-signed electronically by President Donald Trump, Vice President Jedd Vance, and Mohammad Baker Galibaf, the Speaker of the National Assembly and chief negotiator for Iran. Its initial framework stipulates that Iran will lift the naval blockade and open the Strait of Hormuz to cargo and oil ships free of charge starting this Friday. The United States agrees to immediately end its naval blockade of Iranian ports following the formal signing. The agreement allows Iran to resume oil and fuel exports, with the gradual return of frozen Iranian assets valued at approximately $12-24 billion during the 60-day negotiation period.
U.S. President Donald Trump revealed on Tuesday that the interim agreement between the United States and Iran explicitly states that Iran will not be allowed to develop nuclear weapons. The content and details of the agreement will be released following a formal signing ceremony on Friday in Switzerland. He also stated that the Strait of Hormuz will be fully reopened. It is unclear whether Trump will attend the ceremony in Geneva, but Vice President Jady Vance is certain to attend to sign the agreement with Galibaf, the Speaker of the Iranian Parliament. Following the signing ceremony, Iran and the United States will begin a new round of negotiations on Friday aimed at reaching a permanent agreement immediately.
The key sticking point that both sides must resolve within the 60-day timeframe is that the United States and its allies want Iran to destroy or remove its stockpiles of highly enriched uranium. However, Iran insists on its right to develop nuclear energy for peaceful purposes. Furthermore, Iran maintains that the ceasefire must cover all fronts, including Lebanon, and that Israel must withdraw its forces from southern Lebanon. Israeli Prime Minister Benjamin Netanyahu rejected these conditions, affirming that the Israeli military will continue operations in Lebanon for its own safety. Meanwhile, the issues of Iran's missile accumulation and support for proxy groups in the region have been separated and not included in this temporary ceasefire agreement.