TechFlow News, May 28: According to two U.S. officials who spoke to Axios, U.S. and Iranian negotiators have reached agreement on a 60-day memorandum of understanding (MoU) aimed at extending the ceasefire and launching negotiations on Iran’s nuclear program; however, President Trump has not yet granted final approval. Signing the MoU would mark the most significant diplomatic breakthrough since the outbreak of the war, but reaching a final agreement addressing Trump’s nuclear demands will require further intensive negotiations. U.S. officials stated that the 60-day MoU will stipulate that shipping through the Strait of Hormuz will be “unrestricted.” One U.S. official clarified that this means no transit fees will be levied and no harassment will occur, and Iran must clear all naval mines from the Strait within 30 days.
A U.S. official indicated that the U.S. maritime blockade will also be lifted, though this process will proceed proportionally with the restoration of commercial shipping. Officials said the MoU will include Iran’s commitment not to develop nuclear weapons. The MoU will also specify that, during the 60-day negotiation window, the primary topics for discussion will be how to handle Iran’s highly enriched uranium and how to address Iran’s uranium enrichment activities. As part of the negotiations, the United States pledged to discuss lifting sanctions and unfreezing Iranian funds. The MoU will also include discussions on establishing a mechanism to assist Iran in receiving goods and humanitarian aid. (Jinshi)
