US-Iran MoU likely to be signed next week, sources tell CBS; Iran would halt uranium enrichment for 15-20 years under the proposal, First steps include ensuring "freedom of trade" by demining and opening the Strait of Hormuz
- MoU signing would kick off 60 days of talks to negotiate details of a U.S.-Iran agreement. That time period could be extended as needed, according to multiple sources.
- In principle, Iran would commit to a lockout of 15-20 years during which it would not enrich uranium and would dismantle its nuclear sites.
- In exchange for taking these steps, Iran would receive financial relief staggered over time and sequenced to correspond with compliance.
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