According to Iran's state news agency IRNA, on June 17, Iran disclosed the full text of a US-Iran memorandum of understanding containing 14 key provisions. The agreement commits both sides to immediate and permanent ceasefire across all fronts including Lebanon, with pledges to respect sovereignty and avoid military action or interference in internal affairs.
Key provisions include: the US lifting its naval blockade within 30 days, Iran and the US reaching a final agreement within 60 days, the US providing at least $300 billion in economic reconstruction funds, and the US terminating all sanctions against Iran within agreed timeframes. Both sides also committed to addressing Iran's uranium enrichment and nuclear stockpiles under international monitoring. The memorandum notably states neither side will take new military action pending the final agreement's completion.