The draft agreement 14-point between the U.S. and Iran, which is expected to be signed on Friday (June 19) in Geneva, has been made public by CNN. 

According to a draft, the U.S. will allow , among other things, Iran to sell oil and petrochemical products, and Tehran may be able to access a development fund amounting to 300 billion dollars if it honors its commitments related to the nuclear program in further negotiations. The document does not include details on what will happen to Iran’s highly enriched uranium.

As CNNi notes, this may not be the final text as there may be last-minute revisions.

See the 14 points of the Agreement

1. The Islamic Republic of Iran and the United States, together with their allies in the current war, hereby declare, by signing this Memorandum of Cooperation, the immediate and definitive end to the war on all fronts, including Lebanon, and commit to refraining, from this point forward, from any hostile action against one another and from the threat or use of force against one another. The final agreement will reaffirm the provisions of this Article and the remaining Articles.

2. The Islamic Republic of Iran and the United States commit to respecting the sovereignty and territorial integrity of each other and to refrain from interfering in each other’s internal affairs.

3. The Islamic Republic of Iran and the United States commit to negotiating and reaching a final agreement within a maximum period of 60 days, which may be extended by mutual consent.

4. Immediately upon the signing of this Memorandum of Cooperation, the United States shall lift the naval blockadeand shall prevent any interference or obstruction against the Islamic Republic of Iran and shall restore maritime traffic within a maximum period of 30 days to the fullest extent possible . Ship traffic will be commensurate with the pre-war volume of traffic on the part of the Islamic Republic of Iran. The United States also undertakes to withdraw its forces from the surrounding areas within 30 days of the final agreement.

5. Upon the signing of this Memorandum of Cooperation, the Islamic Republic of Iran will immediately take measures to ensure that the passage of commercial vessels from the Persian Gulf to the Sea of Oman and vice versa will resume within 30 days at pre-war levels, taking into account the need for Iran to remove technical obstacles and clear mines.

6. The United States, together with its regional partners, undertakes to develop a comprehensive plan, to be agreed upon by both parties, for the reconstruction and economic development the Islamic Republic of Iran, while ensuring funding of at least 300 billion dollars. The mechanism for implementing this plan, as part of the final agreement, will be established within 60 days.

7. The United States commits to lifting, according to a timeline to be agreed upon as part of the final agreement, all types of sanctions currently imposed on the Islamic Republic of Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral U.S. sanctions, both primary and secondary.

8. The Islamic Republic of Iran reiterates thatit will never produce nuclear weapons. The Islamic Republic of Iran and the United States have agreed that the fate of enriched material and the fate of all other mutually agreed-upon issues related to nuclear energy, including Iran’s nuclear needs, will be adequately addressed in a final agreement; the final agreement will reaffirm the provisions of this Article.

9. The Islamic Republic of Iran and the United States agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo regarding its nuclear program, and the United States will not impose new sanctions on Iran nor will it increase its military presence in the region.

10. The United States commits that immediately upon the signing of this Memorandum of Understanding and until the date of the lifting of sanctions, the U.S. Department of the Treasury will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, and transportation.

11. The United States commits that, in light of progress in the negotiations toward a final agreement, the frozen funds and assets of the Islamic Republic of Iran will be unfrozen and returned. These funds, whether held in the main account or transferred, will be used for any payment to a final beneficiary designated by the Central Bank of the Islamic Republic of Iran and will be fully available for use. The United States commits to issuing all necessary licenses.

12. The Islamic Republic of Iran and the United States agree that a implementation mechanism to oversee the successful implementation of and continued commitment to the Final Agreement.

13. Upon the signing of this Memorandum of Cooperation and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Cooperation and the continued implementation of these steps, the Islamic Republic of Iran and the United States will commence negotiations on a Final Agreement exclusively regarding the remaining Articles.

14. The final agreement will be adopted through a binding resolution of the United Nations Security Council.