#GlobalPeaceAgenda

Talks that ran behind closed doors for weeks were signed late last night. U.S. President Donald Trump and Iranian President Masoud Pezeshkian put their signatures on a 14-point memorandum of understanding aimed at ending the state of war between the two sides.

The deal took effect right away. Key points include:
• Sanctions ease: Washington is lifting limits on Iranian oil and will let Tehran sell its oil freely. A timetable will be set to return frozen Iranian assets. • Nuclear item: Iran restated that it will not seek or develop nuclear weapons and agreed to dilute its stock of highly enriched uranium. Final details will be worked out during a 60-day talk period. • Hormuz Strait opens: The deal calls for full traffic through the Strait of Hormuz to return within 30 days, with free passage for ships. Trump said the strait should be “fully open” by Friday. • 300 billion dollar fund: The U.S. and regional partners pledged a 300 billion dollar development fund for Iran’s rebuild, tied to the final deal. Officials noted the fund would not be a direct payment from the U.S. budget, but would unlock private investment through licenses and waivers.
The signing took place at the Palace of Versailles, and Trump noted that “This was not easy,” pointing to how tough the process was. Pakistan’s Prime Minister Shehbaz Sharif was noted as a mediator in the process.

What comes next?
If the 60-day timeline holds, the future of Iran’s nuclear program and the lasting removal of sanctions will become clear. Trump did warn that strikes could resume if terms are not followed. Markets are pricing in lower tension for now: oil prices fell to their lowest level in 3.5 months after the deal was signed.