In a major diplomatic breakthrough, US President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point memorandum of understanding (MoU) aimed at bringing an end to months of intense regional conflict. The historic document, digitally signed by both leaders, sets terms to immediately halt military operations, reopen critical global trade routes, and launch a broader negotiation framework.
The agreement, known as the “Islamabad Memorandum of Understanding,” was finalized while President Trump was attending a Group of Seven (G7) gathering in France, following a dinner hosted by French President Emmanuel Macron at the Palace of Versailles. Concurrently, Iranian state media released images of President Pezeshkian executing the document in Tehran. The deal took effect immediately upon signature.
Central to the 14-point framework is the immediate cessation of military hostilities on all fronts, including operations in Lebanon, alongside the lifting of the US naval blockade on Iranian ports. In exchange, Iran has committed to facilitating the safe, unhindered passage of commercial vessels through the strategically vital Strait of Hormuz.
The interim deal initiates a 60-day commitment period during which both nations will negotiate a comprehensive, long-term settlement. Key pillars of the upcoming negotiations will focus on phased US economic and oil sanctions relief, the unfreezing of restricted Iranian assets, and the monitoring of Iran’s enriched uranium stockpiles under the supervision of the International Atomic Energy Agency (IAEA). The agreement also outlines an ambitious, US-backed reconstruction and economic development investment program for Iran valued at up to $300 billion.
