US-Iran MOU sketches ceasefire, sanctions relief, and a $300B reconstruction plan

A drafted U.S.-Iran memorandum of understanding envisions an immediate end to hostilities on all fronts, mutual respect for sovereignty, a 60-day window to finalize a broader deal, phased sanctions relief, removal of naval restrictions, safe passage for commercial ships, a $300 billion reconstruction package, and a mechanism to monitor compliance, with Iran reaffirming it will not pursue nuclear weapons and negotiations to resolve nuclear issues continuing under a UNSC-endorsed final agreement.