Iran has pledged to remove all mines and obstacles from the Strait of Hormuz, via Al Arabiya
Implementation
- Negotiations for a final agreement between America and Iran can be extended by mutual consent.
- The Security Council will adopt the final agreement between America and Iran as soon as it is reached.
- Establishing a mechanism to ensure the successful implementation of the memorandum of understanding between America and Iran.
Forces/Nuclear Weapons
- America will withdraw its forces from the vicinity of Iran within 30 days of the final agreement.
- Iran committed in the text of the memorandum of understanding not to acquire nuclear weapons.
Frozen funds
- The memorandum of understanding does not include the release of frozen Iranian funds upon signing.
- The release of Iran's frozen funds will depend on progress towards a final agreement.
Sanctions & Oil sales
- America will not impose new sanctions on Iran during final agreement negotiations
- America will issue exemptions for all services related to the sale of Iranian crude.
- America will issue exemptions for Iranian oil exports immediately after the agreement is signed.
- America will allow Iran to sell oil immediately under the agreement
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