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US and Iran have reached an agreement on a 60-day MoU to extend the ceasefire and launch negotiations on Iran's nuclear program, but Trump is yet to give it his final approval, Axios reports; Trump asked to take a "few days" to think about it

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US and Iran have reached an agreement on a 60-day MoU to extend the ceasefire and launch negotiations on Iran's nuclear program, but Trump is yet to give it his final approval, Axios reports; Trump asked to take a "few days" to think about it

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  • Trump asked to take a "few days" to think about it.
  • "The president relayed to the mediators that he wants a couple of days to think about it".
  • US officials said the deal terms were mostly agreed as of Tuesday, but both sides still needed to get approval from senior leadership, Axios says.
  • The MOU would see the US lift its naval blockade in line with the restoration of commercial shipping, while Iran would commit not to pursue a nuclear weapon.
  • The US officials said the 60-day MOU will state that shipping through the Strait of Hormuz will be "unrestricted." 
  • A US official said this means no tolls and no harassment, and that Iran will have to remove all mines from the strait within 30 days.
  • Initial 60-day talks would focus on Iran’s highly enriched uranium, enrichment activity, sanctions relief, frozen funds, and mechanisms for humanitarian aid.
  • Axios notes that Trump and his advisers thought they were close to a deal several times at earlier stages in the war, but none materialised.
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