The memorandum of understanding (MOU) with Iran was released Wednesday detailing the terms of the deal hashed out by the Trump administration.President Donald Trump signed the deal after the G7 wrapped up at the Palace of Versailles on Wednesday with a formal signing ceremony set for Friday.His signature put the 60-day ceasefire and negotiation framework into effect. Read the full text below. TRUMP ANNOUNCES PEACE DEAL WITH IRAN, DECLARES STRAIT OF HORMUZ WILL REOPEN: 'LET THE OIL FLOW!'President Donald Trump receives a tour of the Chateau de Versailles from French President Emmanuel Macron.
(Anna Moneymaker / POOL / AFP via Getty Image)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.VANCE SAYS TRUMP ADMINISTRATION'S KEY OBJECTIVES HAVE BEEN REACHED IN US-IRAN DEAL4.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 pr...