Read the 14-Point Draft Memorandum of Understanding Between the US and Iran
The US and Iran are expected to formally sign a memorandum of understanding on June 19 in Switzerland, paving the way for 60 days of talks aimed at ending their war for good and putting strict new limits on Iran’s nuclear program.
Below is the text of the 14-point draft memorandum, as seen by Bloomberg News.
Photograph: Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman’s northern Musandam Peninsula in May 2026; photo credit: AFP/Getty Images
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