The White House has published the full text of the Islamabad Memorandum of Understanding with Iran — a fourteen-point document that commits both sides to reopening the Strait of Hormuz, easing financial restrictions on Tehran, and setting a framework for future nuclear talks.
The formal signing is scheduled for tomorrow at the Bürgenstock resort in Switzerland, triggering a sixty-day window to negotiate a final agreement to be endorsed by the United Nations.
Under the terms, Washington would immediately waive oil sanctions on Iran — a concession that goes further than the 2015 nuclear deal.
Nick Harper reports from Washington.
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