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US, Iran deal takes ‘immediate effect’ after both sides sign, official says

US, Iran deal takes ‘immediate effect’ after both sides sign, official says

Summary

The United States and Iran signed a 14-point agreement, called a memorandum of understanding (MOU), which took effect immediately. The signing was announced by Pakistani Prime Minister Shehbaz Sharif, who helped mediate the deal between President Donald Trump and Iranian President Masoud Pezeshkian.

Key Facts

  • The U.S. and Iran signed a memorandum of understanding (MOU).
  • The agreement has 14 points or main parts.
  • Both sides signed the MOU on a Wednesday.
  • The deal took immediate effect after signing.
  • Pakistani Prime Minister Shehbaz Sharif acted as the main mediator.
  • President Donald Trump and Iranian President Masoud Pezeshkian signed the agreement.
  • The MOU shows the commitment of both countries to cooperation.
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