Donald Trump will provide a $300 billion reconstruction fund for Iran as part of a peace deal to end the war, according to reports. The full list of conditions has been revealed by Axios, sparking a row in Lebanon.
Key Terms of the Deal
Iranian Foreign Minister Abbas Araghchi warned that Israel's continued occupation of southern Lebanon would violate any agreement. However, Benjamin Netanyahu stated his forces would remain in the territory for 'as long as necessary.'
'Without the withdrawal of Israeli forces from the territories they occupied during this war, the war has not fully come to an end,' Araghchi cautioned.
Peace Deal Highlights
- Iran, the US, and their allies would cease fighting across the region, including in Lebanon.
- Tehran would reaffirm its pledge never to build a nuclear weapon.
- The US and Iran would negotiate the fate of Tehran's enriched uranium stockpile.
- Both sides would open talks on Iran's future enrichment activities and nuclear needs.
- Iran would maintain the 'status quo' of its largely decimated nuclear program while negotiations continue.
- The US would lift its naval blockade, hold off on new sanctions, and refrain from sending more troops to the region.
- Iran would guarantee safe, toll-free passage for commercial ships through the Strait of Hormuz for 60 days.
- Washington would release an unspecified amount of frozen Iranian assets once the memorandum of understanding takes effect.
Final Agreement
A final deal reached after 60 days would see the US withdraw its forces within 30 days and lift all sanctions on Iran. This would pave the way for a $300 billion reconstruction fund for Iran. The US would also allow Iran to resume oil sales through temporary sanctions waivers. Additionally, Iran, Oman, and Gulf states would negotiate new shipping and maritime security arrangements for the Gulf.
