A reported draft memorandum of understanding between Iran and the United States is stirring debate over whether $24 billion in frozen Iranian assets will actually be released. Iranian state media claims the 14-point draft MOU includes a phased release of those funds, but US officials are telling a different story, one where any asset relief hinges entirely on Iranian compliance with nuclear and regulatory requirements.
What the draft MOU reportedly says
According to Iranian media reports, the proposed MOU envisions roughly $12 billion made available upfront during a 60-day negotiation window, with the remaining $12 billion tied to subsequent milestones. US officials, however, have been clear that any potential asset relief would be conditional, a framing that contradicts the Iranian narrative of an automatic release.
Iran’s stockpile of highly enriched uranium, reported at approximately 440 kg enriched to 60%, won’t be addressed in the initial MOU at all. Its fate will only be determined in a final agreement, which means the most sensitive piece of the puzzle remains unresolved during the very period when asset releases would theoretically begin.
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