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U.S. and Iran Sign Memorandum of Understanding Aimed at Ending War

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U.S. President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed a memorandum of understanding aimed at ending the war between the two countries.

The agreement calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both countries.

The White House said Trump signed a memorandum of understanding on ending the war in Iran while at Versailles. Iran’s chief negotiator Mohammad Bagher Ghalibaf also signed the agreement.

Switzerland confirmed on Thursday morning that initial talks between the U.S. and Iran are planned at the Buergenstock ⁠mountaintop resort in Switzerland on Friday.

“As things stand, the plan is still for the U.S. and Iran, along with mediators Pakistan and Qatar ⁠and other involved countries, to meet tomorrow at ‌Buergenstock for ⁠initial negotiations about ‌implementing the agreement.

“No further information is currently available ⁠regarding the schedule and details of this meeting,” the Swiss foreign ministry ‌said in a statement.

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Featured image: A screenshot from the IRNA website, showing Iranian President Pezeshkian holding a signed copy of the memorandum of understanding between Iran and the U.S. Credit: IRNA Screenshot

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