Donald Trump will provide a $300 billion reconstruction fund for Iran as part of a peace deal to end the war, according to reports. The full list of conditions in the agreement between Trump and Iran has been revealed by Axios.
Key Terms of the Peace Deal
Under the proposed deal, Iran, the US and their allies would cease fighting across the region, including in Lebanon. Tehran would reaffirm its pledge never to build a nuclear weapon. The US and Iran would negotiate the fate of Tehran's enriched uranium stockpile, and both sides would open talks on Iran's future enrichment activities and nuclear needs.
Iran would maintain the "status quo" of its nuclear program, which has been largely decimated, while negotiations continue. The US would lift its naval blockade, hold off on new sanctions, and refrain from sending more troops to the region. Iran would guarantee safe, toll-free passage for commercial ships through the Strait of Hormuz for 60 days.
Washington would release an unspecified amount of frozen Iranian assets once the memorandum of understanding takes effect. A final deal reached after 60 days would see the US withdraw its forces within 30 days and lift all sanctions on Iran. This would pave the way for a $300 billion reconstruction fund for Iran. The US would also allow Iran to resume oil sales through temporary sanctions waivers. Iran, Oman and Gulf states would negotiate new shipping and maritime security arrangements for the Gulf.
Dispute Over Southern Lebanon
However, a row is brewing in Lebanon. Iranian Foreign Minister Abbas Araghchi stated that Israel's continued occupation of southern Lebanon would violate any deal. But Israeli Prime Minister Benjamin Netanyahu said his forces would stay in the territory for as 'long as necessary'.
'Without the withdrawal of Israeli forces from the territories they occupied during this war, the war has not fully come to an end,' Araghchi warned.
