Iran releases the five key points of the agreement reached in the first round of negotiations

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Gold Finance reports that on June 22, according to CCTV International News, the Iranian negotiation delegation's media committee released the key points and agreements reached during the first round of US-Iran negotiations in Geneva local time on June 22:

  1. Under pressure from the Iranian delegation, the fragile ceasefire in Lebanon has been maintained since the afternoon of June 20. To consolidate this ceasefire, a supervisory mechanism called the "Conflict De-escalation Group" will be established, with Iran participating. This mechanism signifies Iran's official entry into Lebanon's security framework. The US has attempted in recent months to exclude Iran from Lebanon-related affairs, and Israel has no position within this mechanism.
  2. Regarding the management of the Strait of Hormuz, to ensure the gradual reopening of the strait, a communication hotline will be established so that issues during implementation can be directly addressed with Iran for coordination and resolution. This arrangement is interpreted as a certain acknowledgment of Iran's sovereignty over the Strait of Hormuz.
  3. According to the joint statement, three working groups will be established, responsible for nuclear issues, Iran sanctions, and the supervisory mechanism, and will begin work after the implementation of Article 13 of the Memorandum of Understanding. The content of Article 13 includes: a comprehensive ceasefire (especially on the Lebanon front), lifting maritime blockades, unfreezing Iranian assets, and issuing exemptions for Iranian oil and petrochemical products. Iran will not enter the final stage of negotiations until this is achieved.
  4. During this round of negotiations, Iran and Qatar also signed a Memorandum of Understanding regarding the implementation mechanism for unfreezing Iranian assets.
  5. During the negotiations, according to Article 10 of the US-Iran Memorandum of Understanding, the Office of Foreign Assets Control of the U.S. Department of the Treasury issued a 60-day exemption from sanctions on Iranian oil, petrochemical, and related products. This means Iran can officially sell oil to customers and receive related payments through the official mechanism of the Central Bank.
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