Overview
- Senior U.S. officials say President Donald Trump, Vice President JD Vance and Iran’s Mohammad Bagher Ghalibaf electronically signed the memorandum on Tuesday, with a formal in‑person ceremony set for June 19 in Switzerland.
- The agreement is designed to stop military actions across multiple fronts and to allow reopening of the Strait of Hormuz after the United States lifts its naval blockade.
- A 60‑day technical phase will follow to negotiate the details of Iran’s nuclear verification, performance‑based sanctions relief and the mechanics of releasing frozen assets, with IAEA verification expected to be involved.
- Pakistan and Qatar led shuttle diplomacy that bridged the talks and helped produce the staged framework, which negotiators say intentionally defers the hardest technical issues to the follow‑on period.
- Implementation faces immediate political and security risks, including objections from Israel, possible hardline pushback inside Iran and the threat of renewed naval incidents that could derail the fragile follow‑on negotiations.