Fresh news on business and economy in Asia and the Pacific
Provided by AGPSpeaking to Iranian media, Baghaei said the draft framework is based on a “14-point memorandum of understanding” covering what Tehran considers essential conditions for ending the war and resolving core disputes.
He stated that negotiations have reached a “final stage,” with efforts now focused on completing the document.
According to him, the proposed agreement includes provisions to halt hostilities, end the US naval blockade, and unfreeze Iranian financial assets held abroad.
Baghaei also noted that no mutually agreed timeline has yet been established between the two sides, though work is underway to define implementation steps once the memorandum is completed. He said the plan could involve a 30- to 60-day period for execution after final agreement.
On maritime issues, he clarified that Tehran considers the Strait of Hormuz unrelated to the US negotiations, adding that discussions on its management are being handled separately with Oman through bilateral channels.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.