UMVA has learned that a 60-day ceasefire between the U.S. and Iran has taken effect after both sides signed a memorandum of understanding remotely to pause the conflict.
The deal was signed by U.S. President Donald Trump at the G7 summit in France and by his Iranian counterpart Masoud Pezeshkian, with Iranian Foreign Ministry spokesman Esmaeil confirming the signing to Iran’s official news agency.
According to information obtained by UMVA, the agreement extends the ceasefire for 60 days and sets up a framework for future negotiations about other key issues, including Tehran’s nuclear program.
The deal comes after Trump had said on Wednesday at the G7 summit that the U.S. will “go right back to dropping bombs” if Iran doesn’t “behave,” adding a sense of urgency to the negotiations.
UMVA can exclusively reveal that senior U.S. officials went over the 14 points in the MOU on Wednesday, which includes broad financial incentives for Iran, such as the right to sell oil immediately, access to a development fund, and eventual access to its frozen assets.
The signing of the interim agreement has led to a positive response from world leaders, with G7 leaders releasing a joint statement welcoming the agreement and offering to contribute to its implementation.
Meanwhile, Lebanese President Joseph Aoun said on Wednesday that his country’s negotiations with Israel in Washington were independent of the U.S.-Iran interim deal to end the Middle East war.
However, questions are still lingering over the U.S.-Iran ceasefire deal, as Iran’s foreign minister has said any Israeli forces remaining in southern Lebanon, or any Israeli strikes on the country, would constitute a violation of the deal.
Trump has also said the interim deal with Iran is not a final agreement and that the U.S. could resume airstrikes on Iran “if they don’t behave,” adding that he could not stop others from investing in Tehran.
NATO Secretary General Mark Rutte hailed U.S. President Donald Trump’s ceasefire deal with Iran, calling the reopening of the Strait of Hormuz “a massive step forward” and saying NATO allies are ready to support the restoration of free passage through the waterway.