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'Nonaggression Pact, Strait of Hormuz, $300 Billion Investment Fund': Inside US-Iran Proposed Memorandum
24htopnews | May 30, 2026 11:08 AM CST

US-Iran mediators indicate a preliminary framework is nearing agreement, addressing conflict resolution, sanctions easing, and nuclear issues. The proposal includes a nonaggression pact, phased release of frozen assets, Strait of Hormuz access, and a large investment fund. Trump has yet to endorse the draft, and both sides continue negotiations on key provisions and enforcement mechanisms

Washington: Mediators working between the United States and Iran are moving closer to securing a preliminary framework agreement that could eventually help bring an end to the ongoing conflict, according to officials familiar with the negotiations.

Efforts to finalise the agreement have faced repeated setbacks in recent weeks as both sides accused each other of delaying talks and misrepresenting draft terms.

However, diplomats and officials involved in the discussions now say a revised memorandum appears closer to gaining approval from both Washington and Tehran, though disagreements remain over key provisions. President Donald Trump has not yet signed off on the proposal, according to a report by the New York Times.

The draft would serve as an initial framework for broader negotiations expected to focus on Iran’s nuclear program, US sanctions, regional tensions, and a formal conclusion to the war.


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