US President Donald Trump and Iran’s president signed a deal Wednesday meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief. Trump put his signature to the memorandum of understanding during dinner with French President Emmanuel Macron at the Palace of Versailles following a G7 summit. Follow our liveblog for all the latest developments.
US-Iran deal takes ‘immediate effect’ after both sides sign, Pakistan premier says
Iran insists the deal represented a US “failure”
Iranian Foreign Ministry spokesman Esmaeil Baqaei, quoted by the state news agency IRNA, said the document “was finalized with the signatures of the presidents.”
The deal aims to draw a line under the war launched February 28 by the United States and Israel, prompting Iran to counterattack with missile and drone salvos across the region — and effectively shutting down the Strait of Hormuz, a crucial waterway for the world economy.
“Now it is time to test the implementation of the agreement,” Baqaei said.
Under the text, Washington commits to immediately waive oil sanctions crippling Iran’s economy.
And once a final agreement is reached on the Islamic republic’s nuclear program, the United States will also facilitate the release of a $300 billion reconstruction fund supported by regional nations, the deal says.
Iran insisted the deal represented a US “failure.”
“People will see it and judge,” Ghalibaf said on state television late Wednesday, after the text was released by both sides.
Trump, Iran’s president sign deal to end Mideast war
US President Donald Trump and Iran’s president signed a deal Wednesday meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief.
Trump put his signature to the memorandum of understanding during dinner with French President Emmanuel Macron at the Palace of Versailles following a G7 summit, a US official told AFP.
“Just signed it,” Trump told reporters as he emerged from the palace.
Iranian Foreign Ministry spokesman Esmaeil Baqaei, quoted by the state news agency IRNA, said the document “was finalized with the signatures of the presidents.”
“Now it is time to test the implementation of the agreement,” Baqaei said.
US President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed a memorandum of understanding aimed at ending the war with Iran, a US official told Reuters.
Iran’s chief negotiator on Wednesday repeated Tehran would charge ships crossing the Strait of Hormuz after a 60-day fee-free period stipulated in a memorandum of understanding with the US.
Iran could get access to a $300 billion reconstruction fund under a deal with the United States, US officials said Wednesday as they released the text, while insisting that Washington was under no commitment to contribute.
