Tehran says considering plan for Iran, US presidents to sign deal
Summary
Iran and the United States are planning to sign a memorandum of understanding (MOU) in Switzerland soon. The deal may be signed by the presidents of both countries, and it aims to ease tensions, including reopening the Strait of Hormuz for normal maritime traffic.Key Facts
- A memorandum of understanding between Iran and the US is expected to be signed in Switzerland around Friday.
- Iran has suggested that the signing might be done by President Masoud Pezeshkian and President Donald Trump.
- Previously, Iran said Vice President JD Vance and Iran’s Parliament Speaker Mohammad Bagher Ghalibaf would represent the two sides.
- Iran wants to manage the reopening and safety of the Strait of Hormuz without outside interference.
- Iran and Oman plan to cooperate on managing the Strait, with possible regional consultations.
- The agreement includes ending a US-led naval blockade of Iran within 30 days.
- The US would partially waive sanctions on Iran after the deal is signed.
- The deal sets a 60-day period for guaranteed toll-free passage through the Strait of Hormuz, with potential tolls after that.
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