US-Iran Sign 14-Point MoU to End Hostilities, Plan Talks in Switzerland

The MoU, finalized and signed by Trump and Pezeshkian, aims to end hostilities and ensure the reopening of the Strait of Hormuz. The agreement also includes provisions for a separate massive reconstruction fund for Iran, in addition to oil-sale revenues. The Swiss foreign ministry confirmed that the US and Iran, along with mediators Pakistan and Qatar, are planned to meet in Switzerland on June 19 for initial negotiations about implementing the agreement. The agreement marks a significant de-escalation, with the US and Iran initiating negotiations on sanctions relief and Iran's nuclear program. The Swiss foreign ministry stated that the plan is for the U.S. and Iran, along with mediators Pakistan and Qatar, to meet tomorrow at Buergenstock for initial negotiations about implementing the agreement. The agreement provides for a separate massive reconstruction fund in addition to oil-sale revenues for Iran, according to The Hindu. Sources confirm the signing of the MoU, with The Hindu, Times of India, and Al Jazeera reporting on the event. The Hindu and Al Jazeera both note the involvement of mediators Pakistan and Qatar, while The Hindu also highlights the reconstruction fund provision.