The Islamic Revolutionary Guard Corps (IRGC) of Iran released a detailed 14-point list on Monday outlining what it claims is included in the memorandum of understanding with the United States, set to be signed on Friday. According to the IRGC, the agreement encompasses an immediate and permanent cessation of hostilities on all fronts, including Israel's military operations against Hezbollah in Lebanon.
However, Israeli officials swiftly dismissed any obligation to withdraw forces from Lebanon or halt their campaign against Hezbollah under the terms of the deal.
The IRGC's list also includes a U.S. commitment to non-interference in Iran's internal affairs, full respect for Iran's sovereignty, and the complete lifting of the U.S.
naval blockade on Iranian ports and vessels within 30 days. The document further calls for the withdrawal of U.S.
forces from the region surrounding Iran and the reopening of the Strait of Hormuz under Iranian management within the same timeframe. Additionally, the suspension of sanctions on Iranian oil, petrochemical products, and derivatives is demanded, along with full Iranian access to revenues.
A significant financial component of the agreement, as per the IRGC, involves the release of $24 billion in frozen Iranian funds during a 60-day negotiation period aimed at finalizing a comprehensive deal on nuclear issues. Crucially, the IRGC states that half of this amount—$12 billion—must be made available to Iran before the final negotiations begin.
However, a senior Trump administration official told CBS News on Friday that no frozen assets would be released until Iran demonstrates compliance with its obligations under the agreement, casting doubt on the timeline outlined by the IRGC. The official cautioned against taking Iranian statements at face value, describing them as "domestic propaganda."
The IRGC's list further specifies that discussions on Iran's conventional missile program and its support for resistance groups are explicitly excluded from the agenda. The final agreement is expected to be endorsed by a United Nations Security Council resolution.
Meanwhile, the U.S. has committed not to increase its forces in the region or impose new sanctions during the negotiation period.
The agreement also requires the U.S. and its allies to present reconstruction plans for Iran worth at least $300 billion.
Iran reaffirms its commitment under the Nuclear Non-Proliferation Treaty not to produce nuclear weapons.