The latest US-Iran peace framework includes a massive $300 billion reconstruction package for Iran, according to details published by The New York Times.
The reconstruction initiative is being structured as an international “investment fund” that would be facilitated by the United States as part of a settlement arrangement.
The proposal surfaced alongside Iranian demands for reparations in exchange for ending the war.
The draft framework outlines several major concessions and security arrangements aimed at reducing tensions in the Gulf region.
Under the terms, US military forces would withdraw from areas surrounding Iran, while the US Navy would halt blockade operations near the Strait of Hormuz. In return, Iran would restore commercial shipping traffic through the strategic waterway to pre-war levels within one month.
The draft arrangement excludes military vessels and places responsibility for ship routing and traffic coordination in the Strait of Hormuz under Iran and Oman.
If both sides finalize an agreement within 60 days, the deal could eventually be submitted to the United Nations Security Council as a binding resolution.
If signed, the memorandum of understanding would serve as a temporary two-month truce mechanism, giving Washington and Tehran additional time to negotiate a broader long-term peace agreement.
Neither the United States nor Iran has officially confirmed the reported terms, and negotiations remain fluid.
If implemented, the agreement would mark one of the biggest de-escalation efforts between the two countries in recent years following months of military confrontation across the region.
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