The draft of an initial framework for a Memorandum of Understanding (MoU) between Iran and the US suggests that both sides would reopen Strait of Hormuz, according to Iran state television.
The state TV said Iran has received the draft framework for the MoU to end its conflict with the US.
If this MoU becomes official, Iran would get one month to restore commercial shipping through Hormuz to pre-war levels. On the other hand, the United States would withdraw military forces from Iran’s vicinity and lift the naval blockade on Iranian ports.
The framework, however, excludes military vessels. It also envisages Iran managing ship traffic through the strait in cooperation with Oman.
If a final agreement is reached within 60 days, the MoU could be approved as a binding UN Security Council resolution, reports the state TV.
Earlier, Saudi network Al-Arabiya leaked what was described as the "final draft" of a possible US-Iran deal mediated by Pakistan, suggesting that "outstanding issues" would be negotiated later.
However, this "final draft" did not address US demands like dismantling Iran’s nuclear programme, exporting its enriched uranium stockpile, limiting its ballistic missile capabilities, or ending its support for proxy groups like the Hezbollah or the Houthis.
Al-Arabiya reported that the "final draft" included pointers like an immediate, comprehensive, unconditional ceasefire on all fronts, including land, sea, air as well as a mutual commitment not to target military, civilian, or economic infrastructure.
The agreement also guaranteed freedom of navigation in the Arabian Gulf, the Strait of Hormuz and the Gulf of Oman as well as gradual lifting of US sanctions in exchange for Iran’s commitment to the terms of the agreement. It also proposed a joint mechanism to monitor implementation and resolve disputes and reaffirmed compliance with international law and the UN Charter.