Wednesday, June 17th 2026 - 19:21 UTC
The memorandum establishes an oversight mechanism for its implementation and provides for the definitive agreement to be ratified by a binding UN Security Council resolution
The United States government on Wednesday released the official text of the agreement reached with Iran to end the war, a 14-point document called the “Islamabad Memorandum of Understanding” that provides for the reopening of the Strait of Hormuz, a reconstruction plan of at least $300 billion and the lifting of sanctions. The text, read by a senior official of Donald Trump's administration, will be signed on Friday in Switzerland and will open a 60-day period to negotiate the definitive agreement.
The memorandum declares the “immediate and permanent termination” of military operations on all fronts, including Lebanon, whose sovereignty and territorial integrity both parties commit to guaranteeing. The United States and Iran also agree to mutually respect their sovereignty and to refrain from interfering in each other's internal affairs.
Regarding the Strait of Hormuz, the United States will begin lifting the naval blockade after the signing and will end it within 30 days, restoring maritime traffic to pre-war levels, and will withdraw its forces from Iran's vicinity within 30 days after the final agreement. Iran, for its part, commits to ensuring the safe passage of merchant ships and to completing the demining of the strait within 30 days, as well as to holding talks with Oman on the future administration of that passage, in consultation with the other coastal states of the Persian Gulf.
