What does the signed protocol contain?
The text of the memorandum of understanding, read Wednesday by a senior American official to journalists, provides that the United States will suspend, upon signature, its sanctions on the sale of Iranian oil. They also undertake to lift all of their sanctions against Tehran in the event of the conclusion of a final agreement, at the end of a 60-day negotiation period.
During these two months, the two countries will discuss a mechanism to deal with Iranian stocks “using, at a minimum, an on-site dilution method under the supervision of the IAEA (International Atomic Energy Agency)”, underlined this official, wanting to see it as a “major victory” for Washington.
According to the same source, Iran must, for its part, allow, within 30 days, the full restoration of maritime traffic in the strategic Strait of Hormuz, the persistent blockage of which weighs on the world economy.
The United States also undertakes, in the event of a final agreement, to facilitate “with their regional partners”, particularly from the Gulf, the release of a fund of 300 billion dollars for the reconstruction and economic development of Iran, without this implying any participation American financial institution.
