Intl desk: US President Donald Trump and Iran’s President Masoud Pezeshkian have electronically signed a memorandum of understanding to end the US and Israel’s war on Iran.
Both sides say the deal is in effect, and US officials say it includes Iran not developing or buying a nuclear weapon, ending the war on all fronts and the reopening of the Strait of Hormuz.
Israeli forces continue military operations in Lebanon despite its inclusion in the US-Iran MoU.
Hezbollah chief Naim Qassem has hailed the agreement as a “big victory” and said Lebanon’s negotiations with Israel should solely focus on “mutual security”.
President Donald Trump signed a copy of the US-Iran agreement tonight at the Palace of Versailles in France. “It’s signed,” Trump told reporters after a dinner hosted by President Emmanuel Macron. The document was also signed by President Masoud Pezeshkian, according to photos published by Iranian state media.
The agreement says the US will issue waivers so Iran will be able to export oil and spells out provisions for reopening the critical Strait of Hormuz. It also states Tehran will “not procure or develop nuclear weapons” and commits the US and regional partners to developing a $300 billion reconstruction fund for Iran that will be implemented in the next phase of negotiations.
Iran’s parliament speaker and key negotiator Mohammad Bagher Ghalibaf warned “if the United States does not honor its commitments, there is no way Iran will honor its own commitments,” according to the media arm of Iran’s Islamic Revolutionary Guard Corps.
Both President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed a copy of the memorandum aimed at ending the war and resuming the flow of traffic through the Strait of Hormuz.
As part of the 14-point plan, the US agreed to lift sanctions on Iran, enabling Tehran to increase its oil revenue and access the international banking sector, among other things.
Source: Al Jazeera and CNN
