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.

ISLAMABAD: The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since…

Details of the deal were not immediately available. Key mediator Pakistan said the signing will be Friday in Switzerland.

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil…