Trump says US will not pay for Iran reconstruction

Statements from Iran and the USA show that peace negotiations still have impasses ahead
The agreement signed by the United States and Iran to end the war in the Middle East was officially released this Wednesday (17). The document has 14 points and includes guarantees that Tehran will never have nuclear weapons, the suspension of US sanctions against the country and financial compensation to the Iranian government.
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The full document was read to journalists by an official from the Trump administration and also released by the Iranian state agency IRNA on Wednesday afternoon (17). The text of the agreement is the same as previously reported by US newspapers.
See the 14 points below and read the full text at the end of the report:
US and Iran declare the immediate and permanent end of the war on all fronts, including in Lebanon, and undertake not to initiate any conflict against each other and to guarantee Lebanese territorial integrity and sovereignty;
US and Iran undertake to respect each other's sovereignty and territorial integrity and not to interfere in each other's internal affairs on the other;
US and Iran commit to conduct negotiations to reach a final agreement within 60 days, with a deadline that can be extended upon mutual consent;
US will lift its naval blockade of Iran and withdraw its military forces from the region around Iran within 30 days after signing the memorandum;
Iran will reopen the Strait of Hormuz within 30 days and commits to ensuring safe and cost-free passage for commercial ships for 60 days. Iran will also dialogue with Oman and other Persian Gulf countries on the future administration of the strait;
US commits, together with its regional partners, to create a program for the reconstruction and economic development of Iran, with minimum funding of US$300 billion;
US commits to end all types of sanctions against Iran, including UN Security Council resolutions, International Atomic Energy Agency (IAEA) Board of Governors resolutions and all unilateral sanctions Americans;
Iran reaffirms that it will not produce or acquire nuclear weapons, and both parties agree to deal with the dilution of enriched uranium through an agreed mechanism and with IAEA supervision. US and Iran also agree to discuss the topic of enrichment and other nuclear issues in the future;
US and Iran agree to maintain the current status quo until they reach a final agreement: Iran will maintain its current nuclear policy; the US will not impose new sanctions or increase its military presence in the Middle East;
US commits to allowing Iran to trade its oil and petrochemical products;
US commits to fully release all Iranian assets and funds that were frozen or restricted by sanctions;
Both parties agree to establish an implementation mechanism to oversee the execution of this memorandum and future adherence to the final agreement;
Upon signing and beginning implementation of clauses 1, 4, 5, 10 and 11, negotiations on the final agreement will focus exclusively on the remaining clauses;
The final agreement will be ratified through a binding UN Security Council resolution within 60 days.
Vessels in the Strait of Hormuz, seen from Musandam, Oman, on June 15, 2026
REUTERS/Stringer
Read the full text below document:
"The United States of America and the Islamic Republic of Iran have jointly agreed in good faith (on a date yet to be determined, according to the authority) to the following:
Paragraph 1 - The United States of America and the Islamic Republic of Iran, as well as their allies in the current war, by signing this Memorandum of Understanding (MOU), declare the immediate and permanent cessation of military operations on all fronts, including Lebanon, and undertake, from this moment on, not to initiate any war or any military operation between themselves, to refrain from the threat or use of force against each other and to guarantee the territorial integrity and sovereignty of Lebanon. The final agreement will confirm the permanent termination of the war on all fronts, including Lebanon, as well as the remaining provisions of this paragraph.
Paragraph 2 - The United States of America and the Islamic Republic of Iran undertake to respect each other's sovereignty and territorial integrity and to refrain from interfering in the other party's internal affairs.
Paragraph 3 - The United States of America and the Islamic Republic of Iran undertake to negotiate and reach a definitive agreement within a maximum period of 60 days, extendable upon mutual consent.
Paragraph 4 - Immediately after signing this MOU, the United States of America will begin to suspend its naval blockade and any disturbance or obstacle imposed on the Islamic Republic of Iran, and will completely end the naval blockade within 30 days. During this period, vessel traffic will be proportional to the volume of movement existing before the war that will be reestablished by the Islamic Republic of Iran. The United States of America further undertakes to withdraw its forces from the vicinity of the Islamic Republic of Iran within 30 days after the signing of the final agreement. commercial ships, free of charge and only for 60 days, from the Persian Gulf to the Sea of Oman and vice versa. Commercial vessel traffic will resume immediately and - considering the need to remove technical and military obstacles as well as carry out mine clearance operations by the Islamic Republic of Iran - will be fully reestablished within 30 days. The Islamic Republic of Iran will enter into a dialogue with the Sultanate of Oman to define future administration and maritime services in the Strait of Hormuz, in consultation with the other coastal States of the Persian Gulf, in accordance with applicable international law and the sovereign rights of the coastal States of the Strait of Hormuz. of 300 billion dollars for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for implementing this plan will be defined as part of a final agreement within 60 days. The United States of America will grant all necessary licenses, exemptions and authorizations for the relevant financial transactions.
Paragraph 7 - The United States of America undertakes to end all types of sanctions against the Islamic Republic of Iran, including resolutions of the United Nations Security Council, resolutions of the Board of Governors of the International Atomic Energy Agency (IAEA) and all unilateral sanctions of the United States, both primary and secondary, in accordance with a schedule to be agreed as part of the final agreement. The Islamic Republic of Iran and the United States of America recognize the critical importance of the issue of lifting the above-mentioned sanctions and express their intention to immediately address these issues in negotiations in order to reach a mutual agreement on them.
Paragraph 8 - The Islamic Republic of Iran reaffirms that it will not acquire or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the issue of disposal of stored enriched material through a mechanism to be mutually agreed upon, in accordance with the schedule mentioned in Paragraph 7, with the minimum methodology being on-site dilution under the supervision of the International Atomic Energy Agency (IAEA). Both parties also agreed to discuss the issue of enrichment and other matters related to the Islamic Republic of Iran's nuclear needs as may be mutually agreed upon, based on a satisfactory framework established in the final agreement. The final agreement will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran recognize the fundamental importance of the nuclear issues mentioned above and express their intention to immediately address these issues in negotiations in order to reach an agreement.
Paragraph 9 - Pending final agreement, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status quo of its nuclear program, and the United States of America will not impose new sanctions or deploy additional forces in the region.
Paragraph 10 - The United States of America undertakes that, immediately upon signing this Memorandum of Understanding and until the completion of the sanctions lifting process, the United States Department of the Treasury will issue exemptions for the export of Iranian crude oil, petroleum products and derivatives, as well as for all services associated transactions, including banking, insurance, transportation and others.
Paragraph 11 - The United States of America undertakes to make the funds and assets frozen or subject to restrictions of the Islamic Republic of Iran fully available for use following the implementation of this Memorandum of Understanding. The United States of America and the Islamic Republic of Iran will mutually define the procedures related to the release of these funds during the negotiations. These funds - whether held in the original account or transferred - will be fully available for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and authorizations for this purpose.
Paragraph 12 - The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to oversee the correct implementation of this Memorandum of Understanding and future compliance with the agreement final.
Paragraph 13 - Upon signature of this Memorandum of Understanding - and conditional on the commencement of implementation of paragraphs 1, 4, 5, 10 and 11, as well as the continued application of these measures - the United States of America and the Islamic Republic of Iran will begin negotiations on the final agreement, exclusively in relation to the remaining paragraphs.
Paragraph 14 - The final agreement will be ratified through a binding resolution of the Council of United Nations Security."

Source: G1