US-Iran MoU set to expire Monday with no extension agreed
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The US-Iran memorandum of understanding aimed at ending fighting is set to expire on Monday with no agreement to extend it. Iranian Foreign Minister Abbas Araghchi said Tehran has not decided to restart negotiations with Washington, and mediators from Qatar and Pakistan are still exchanging messages with Iran.
Key Facts
- The memorandum was signed on June 17 by US President Donald Trump and Iranian President Masoud Pezeshkian after talks hosted by Pakistan.
- Iranian Foreign Minister Abbas Araghchi said on Saturday that Tehran has not decided to restart negotiations with the United States.
- President Trump told supporters in New York on Friday that the US would soon claim the Strait of Hormuz for itself.
- The agreement required the US to end its naval blockade within 30 days and provide a reconstruction and development package for Iran of at least $300bn.
- The text called for immediate and permanent termination of military operations and a final deal within 60 days, endorsed by the UN Security Council.
The Memorandum's Terms
The memorandum of understanding was signed on June 17 by US President Donald Trump and Iranian President Masoud Pezeshkian after high-level talks hosted by Pakistan. It declared the immediate and permanent termination of military operations and called for a final deal within 60 days, which could be extended by mutual consent. The final deal was to be endorsed by the UN Security Council and address Iran's nuclear programme, including enrichment. The US agreed to end its naval blockade within 30 days, remove forces from near Iran after the final deal, and begin a reconstruction package for Iran of at least $300bn. Iran was required to clear mines from the Strait of Hormuz and allow ships to pass without charge for 60 days.
Expiry and Disputes
The memorandum is set to expire on Monday, and neither side has agreed to extend it. Iranian Foreign Minister Abbas Araghchi said on Telegram on Saturday that Iran has not decided to restart negotiations with the United States. Mediators from Qatar and Pakistan continue to exchange messages with Iran, while Iran works on a separate agreement with Oman on new shipping routes in the Strait of Hormuz. Iran emphasised that the Oman agreement is only possible if a political solution is reached. President Donald Trump told supporters in New York on Friday that the US would soon claim the waterway for itself, and by June 27 he called Iranian strikes a foolish violation of the deal.
3 sources
US-Iran MoU set to expire Monday with no extension agreed
