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Saudi state media publishes purported 14-point draft of US-Iran Memorandum of Understanding

The draft would lift sanctions, reopen shipping lanes and create a $300 billion reconstruction plan if final talks succeed, according to the reported text.

  • On Tuesday, Al Arabiya English published a reported 14-point draft memorandum of understanding between the United States and Iran, outlining a rapid framework to halt hostilities and rebuild economic ties within 60 days.
  • The proposal reportedly includes a commitment by the United States and its regional partners to develop a reconstruction plan for Iran funded with at least $300 billion, alongside provisions to lift naval blockades.
  • Under the draft, Iran must ensure safe merchant shipping through the Persian Gulf within 30 days and reiterate that it will never produce a nuclear weapon, while the U.S. commits to ending sanctions.
  • President Donald Trump rejected the report on Tuesday, describing the proposal as "fake news" while explicitly denying that the United States is paying Iran $300 billion.
  • Negotiators have a 60-day deadline to finalize a permanent treaty, which would be locked in through a binding resolution by the United Nations Security Council.
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The U.S. president insisted on denying that this document includes a $300,000 million investment fund to rebuild Iran

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The "Bloomberg" and "CNN" media have revealed the content of the memo that is to be signed between the United States and Iran on Friday in Switzerland.

·Paris, France
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According to a copy of the 14-point memorandum of understanding obtained by CNN from a U.S. official, this document sets out the preliminary terms for a cease-fire between the U.S. and Iran, the reopening of the Strait of Ormuz, economic relief and nuclear commitments.The text is still not official and could vary in its final wording, which would be signed in Switzerland.U.S. peace agreement with Iran is concrete this Friday, while Trump raises …

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The New Republic broke the news on Tuesday, June 16, 2026.
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