Trump Personally Signs Iran Agreement at Versailles, Memorandum in Effect
The full Memorandum of Understanding between the United States and Iran has been shared with reporters, and the White House confirmed the text in the deal to Breitbart News.
The deal states that both countries “have jointly agreed, in good faith” to the several terms. Among the terms agreed upon was that Iran “reaffirms that it shall not procure or develop nuclear weapons”:
The United States of America and the Islamic Republic of Iran have jointly agreed, in good faith, on ……… 2026, at…………………, on the following:
1. The United States of America and the Islamic Republic of Iran, and their allies in the current war, by signing this MoU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final Deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.
2. The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.
3. The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final Deal, in maximum 60 days extendable with mutual consent.
4. Immediately upon the signing of this MoU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final Deal.
5. Upon the signing of this MoU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels, with no charge for 60 days only, from the Persian Gulf to the Sea of Oman, and vice versa. The traffic of commercial vessels will immediately start, and considering the need for removing the technical and military obstacles, and de-mining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman, to define the future administration and maritime services in the Strait of Hormuz, in discussions with other Persian Gulf Littoral States, in line with applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
6. The United States of America undertakes, with regional partners, to develop a definitive mutually agreed plan with at least USD 300 Billion, for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of final Deal within 60 days. All required licenses, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America.
7. The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions and all unilateral U.S. sanctions, primary and secondary, in an agreed upon schedule as part of the final Deal. The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.
8. The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon, in accordance with the schedule mentioned in paragraph 7, with the minimum methodology to be down blending on-site, under the supervision of the IAEA. The two Parties also agree to discuss the issue of enrichment, and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final Deal. The final Deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.
9. Pending the final Deal, the United States of America and the Islamic Republic of Iran agree to maintain the status quo; the Islamic Republic of Iran will maintain the current status quo of its nuclear program, and the United States of America will not impose any new sanctions, and will not deploy additional forces in the region.
10. The United States of America undertakes that immediately upon the signing of this MoU, and until the termination of sanctions, the U.S. Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services including banking transactions, insurances, transportation, etc.
11. The United States of America undertakes to make fully available for use, the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MoU. The United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations. Such funds, whether retained in the original account or transferred, shall be made fully useable for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and authorizations accordingly.
12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MoU and the future compliance of the final Deal.
13. After signing this MoU, and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10 and 11 of this MoU and the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final Deal exclusively on the other paragraphs.
14. The final Deal will be endorsed by a binding UNSC resolution.
Breitbart News previously reported that White House Communications Director Steven Cheung had “denied that a text circulating in multiple mainstream media outlets” was an “accurate” version of a draft deal between the two countries.
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JUST IN: US and Iran Officially Sign Memorandum of Understanding After Moving Friday Signing Ceremony to Wednesday – UPDATE: Trump Signs MOU During Dinner at Palace of Versailles (VIDEO)
Update: Trump was filmed signing the agreement while having dinner with French and European leaders at the Palace of Versailles.
WATCH:
The memorandum of understanding between the United States and Iran has officially been signed and is now in effect.
Under the agreement, the Strait of Hormuz has been fully opened, and the US will now provide sanctions relief through the termination of all sanctions and “waivers for the export of Iranian crude oil, petroleum products, and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.” The US will also “make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran,” according to the memorandum.
Iran has agreed that it will not procure or develop nuclear weapons.
Trump noted earlier that if Iran does not honor the agreement, “we’ll probably go back to bombing them until they honor it.”
Axios reported earlier that the US and Iran were discussing moving the official signing of the memorandum to a remote signing on Wednesday, as opposed to Friday in Switzerland.
This comes after President Trump, Vice President JD Vance, and Speaker of the Iranian Parliament Mohammad-Bagher Ghalibaf signed the memorandum on Sunday. Accounts of the signing differ, with one diplomat from one of the mediating countries claiming it never happened, but US officials and others saying it did. A source familiar with the signing said this was a “second signing.”
Axios’s Barak Ravid posted a follow-up minutes ago on X, confirming that the memorandum has been officially signed and is taking effect immediately.
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The 5 passages of the US-Iran peace deal that worry critics the most: ‘Always tries to get more’
Five passages of the 14-point memorandum of understanding that was released Wednesday are giving critics particular concern because they leave so much room open for negotiation and interpretation.
The agreement, which President Trump signed on Wednesday, will serve as the basis for 60-day negotiations that will hammer out the fine details of a plan to end Iran’s nuclear ambitions and reopen the Strait of Hormuz.
US officials described the framework as a pathway to ending hostilities and reopening negotiations.
But some observers pointed to vague language involving Lebanon, Iranian assets, the Strait of Hormuz and future US policy toward Iran.
“There will be differences of understanding, and this can bring a new misunderstanding, and there is a potential for clash,” said Beni Sabti, an Iranian and Iran expert for Tel Aviv University’s Institute for National Security studies.
He added: “The Iran regime always tries to get more from what’s written.”
Here are the biggest potential stumbling blocks:
“The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.”
The language about Lebanon has raised concerns in Israel, which is not a party to the agreement and has repeatedly carried out military operations against Iranian-backed Hezbollah in the country.
“At the end of the day, if Israel wants to defend itself or attack someone or something, it will do that,” Sabti said.
“Sometimes, many times, Israel doesn’t listen to the US in these issues of security.”
The Jewish State has refused to withdraw its forces from Lebanon, which some Iranians argued should be required before the Iran inked the document, two regional sources told The Post.
It also remains unclear how such a commitment would be enforced, who would determine if violations occurred and whether future Israeli strikes against Hezbollah infrastructure would be viewed as undermining the agreement.
“The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.”
The text makes no mention of protesters against the regime after Islamic Republic thugs killed roughly 30,000 civilians who took to the streets in January to protest the cost of living crisis.
The passage suggests it would tie US’s hands if Tehran launches more mass murders of its people.
Because the text does not specify what activities would constitute prohibited interference, the provision prompts questions over whether Washington would limit support for Iranian opposition movements, democracy activists or anti-regime protesters in the future.
Successive US administrations — including the current White House — have publicly backed the rights of Iranian demonstrators and condemned Tehran’s crackdowns, with President Trump cheering on the protesters in January in a Truth Social post.
“The Islamic Republic of Iran will conduct dialog with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz in discussion with other Persian Gulf or [Gulf] states in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.”
The mention of “administration and maritime services” leaves open the possibility that Iran and Oman could charge service fees to ships that want to access the strait.
Legally, the Strait of Hormuz is an international waterway, and vessels cannot be tolled under international law. They can, however, be required to pay fees for services provided.
Iran and Oman as recently as Monday were discussing how they could implement a service fee, a source familiar with mediations told The Post.
The Iranian Foreign Ministry also spoke openly about its desire to charge ships for navigational assistance, environmental protection and insurance-related services.
“United States of America undertakes with regional partners to develop a definitive, mutually agreed plan with at least USD $300 billion for the reconstruction and economic development of the Islamic Republic of Iran.”
The memorandum does not specify where the $300 billion would originate, leaving unanswered whether the funding would come primarily from Gulf states, as previously mentioned by senior US officials; private investments as described by US and regional official; individuals; or international financial institutions.
President Trump has repeatedly insisted American taxpayer dollars would not be used to fund Iran, but that is not enumerated in the MOU. Meanwhile, the size of the proposed package would rank among the largest economic development initiatives ever contemplated for the region.
But Hudson Institute senior fellow Rebecca Heinrichs, who led the Pentagon’s 2024 Strategic Posture Commission on US nuclear strategy, told The Post it “doesn’t matter” where the funds come from — they shouldn’t be offered on principle.
“It doesn’t matter that this money isn’t American taxpayer dollars. That’s about the cost of the damage the US and Israel did to Iran and this feels like reparations,” she said
“The Iranians are responsible for billions of dollars of damage to US aircraft, to US basing and ally basing and equipment.”
“[Treasury] Secretary Bessent mere days ago said that frozen Iranian funds could be used to repay the damage they caused. I think for most Americans that makes a lot more sense, and from a strategy perspective, it does send a message to would-be aggressors that we would make them pay,” she added.
The text also makes clear that the details of the initiative have not yet been established, so many of the questions are unanswerable at this time.
“The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran. Upon the implementation of this MOU, the United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations.”
The provision does not identify how much money would ultimately be released and when. While dollar figures ranging from $6 billion to $24 billion have been mentioned by sources in the lead-up to the MOU’s finalization, the total could be much higher thanks to the vague point.
Iran is estimated to have more than $100 billion in total frozen or restricted funds abroad.
It also does not restrict where the unfrozen funds may be spent, which Sabti predicted will mean the regime will pocket the cash — or spend it on terrorism, which also is not banned in the text.
“The billions of dollars will go to the Iran regime — the people won’t see $1 from that. It will all go to the regime and the terror program and missile program and other evil programs that they have,” he said.
Already, regional sources told Reuters that Tehran said it would use some of the cash to pay terror proxy Hezbollah in Lebanon.
Tehran has long sought access to the funds, and the US has previously refused to unfreeze any amount without demonstrable changes to Iran’s nuclear program. However, the MOU leaves unresolved whether the release would occur immediately, in phases tied to Iranian compliance, or only after a final agreement is reached.
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