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Iranian Media Unveils 7-Point Draft Memorandum with US

Tehran: Iran's official news agency IRNA has released the outlines of a seven-point draft memorandum of understanding with the United States, showcasing Tehran's stance and pinpointing both alignments and disparities with previous reports by Axios.

According to Anadolu Agency, the draft includes a 60-day negotiating period post-signature focusing on Iran's nuclear program, lifting US sanctions, and war-related compensation. Axios previously reported this as a ceasefire extension for nuclear talks. However, IRNA refutes the term 'ceasefire extension,' insisting on a 'decisive end' to the conflict, including in Lebanon, with the US tasked to pressure Israel for cessation if the memorandum is signed.

The nuclear issue marks another divergence. While Axios suggested establishing a framework for managing Iran's enriched uranium, IRNA asserts that Iran would not undertake new nuclear commitments and maintains its right to uranium enrichment post-memorandum signing.

On the Strait of Hormuz, Axios mentioned an immediate reopening without tolls, but IRNA emphasizes regional control over maritime security, proposing discussions with Oman regarding future arrangements. Mehr news agency adds that reopening should occur within 30 days, coordinated with Iran.

Regarding frozen assets, Axios noted access through a humanitarian mechanism with Qatar, whereas IRNA claims some assets would be released immediately post-deal, with further releases guaranteed during negotiations. Mehr specifies a release of $24 billion in assets within the negotiating period.

Sanctions relief differs in the accounts. Axios ties relief to compliance, while IRNA states US commitments occur post-60-day talks. Mehr suggests a broader suspension of sanctions and unrestricted access to Iran's financial resources, calling for eventual lifting of US and international sanctions.

IRNA introduces compensation for US-Israeli aggression damages, not covered by Axios. Compensation mechanisms would be negotiated post-signature, with guarantees secured from third parties. Mehr indicates the US and allies should propose a $300 billion reconstruction plan.

Both reports agree on limited future negotiations focused on nuclear issues, sanctions, and compensation, excluding missile capabilities. IRNA outlines gradual implementation of a final agreement upon successful negotiations.

Mehr's draft adds US commitments to non-interference in Iran's internal affairs, respecting sovereignty, withdrawing forces, and avoiding new sanctions during talks. It suggests a UN resolution to endorse any agreement and a monitoring mechanism, points absent in Axios' report.

Amid escalating tensions, US forces conducted strikes in Iran, and Iran's IRGC targeted US bases in the Middle East. The draft memorandum still requires review by Iranian authorities, potentially leading to a deal to end the US-Israeli conflict with Iran as early as this weekend, despite ongoing military escalations.