United States President Donald Trump and Iranian President Masoud Pezeshkian have signed a Memorandum of Understanding (MoU) aimed at easing tensions between the two countries, with Washington describing the agreement as a major diplomatic breakthrough.
The accord, signed on Wednesday, outlines a 14-point framework designed to reduce the risk of conflict and strengthen regional stability.
Speaking after signing the agreement, Trump said the deal had helped avert what he described as a potential global economic crisis, insisting that diplomacy was preferable to continued confrontation.
A key provision of the agreement recognizes Iran’s right to enrich uranium for peaceful civilian purposes. Trump also indicated that Washington would not demand the dismantling of Tehran’s ballistic missile programme and would move toward releasing billions of dollars in frozen Iranian assets.
President Pezeshkian signed the accord from Tehran, while US Vice President JD Vance is expected to formally endorse the agreement during a ceremony scheduled for Geneva on Friday.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, described the deal as evidence of the resilience of Iran’s negotiating position, saying observers would draw their own conclusions about the outcome.
Defending the agreement, Trump argued that no previous US administration had taken a tougher stance on Iran before pursuing diplomacy. He maintained that the deal would help safeguard international trade routes, particularly the Strait of Hormuz, a vital corridor for global energy supplies.
Senior US officials said the agreement includes discussions on reducing Iran’s stockpile of highly enriched uranium under the supervision of the International Atomic Energy Agency (IAEA), a move they believe could help prevent the development of nuclear weapons.
According to the officials, Trump supports the dilution of Iran’s estimated 440-kilogram stockpile within the country under international monitoring, describing the measure as a practical step toward long-term nuclear transparency and regional security.
