The United States and Iran are scheduled to sign a peace agreement in Switzerland on June 19, according to a report outlining a 14-point framework for de-escalation and follow-up talks.
A central plank of the proposed pact is an immediate and permanent end to fighting across the region, including Lebanon. The US is also said to have pledged non-interference in Iran’s internal affairs and respect for its sovereignty.
On maritime security, the framework calls for the complete withdrawal of the naval blockade in the Strait of Hormuz within 30 days, alongside steps under Iranian arrangements to reopen the waterway to shipping within the same period. The US would also pull back forces from areas around Iran.
The deal further proposes pausing restrictions on the sale of Iranian crude oil and related products, while the US and its allies would put forward reconstruction plans valued at at least $300 billion. During a 60-day negotiation period, Washington would not deploy additional forces to the region or impose new sanctions.
On the nuclear file, the framework seeks a final understanding that would remove sanctions and related international restrictions, while Iran reiterates its commitment under the Nuclear Non-Proliferation Treaty not to produce nuclear weapons. It also includes oversight of implementation, UN Security Council approval for the final agreement, and the release of $24 billion in frozen Iranian funds—half of it to be provided before talks begin—with final negotiations to start only after specified steps are completed.
