US and Iranian negotiators have reportedly agreed on a 60-day memorandum draft to maintain a truce and resume nuclear talks. Axios, citing two US officials and another source familiar with the process, reported that the parties have reached a consensus on the main points of the document.
According to reports, the memorandum draft provides for the free movement of ships through the Strait of Hormuz without customs duties, obstacles, or arrests. Iran may also commit to clearing mines in the sea corridor within 30 days.
The draft also notes that the US side should discuss the release of Iran's frozen assets and the easing of sanctions. Furthermore, the document mentions a special mechanism that would allow Iran to receive humanitarian aid.
However, Axios notes that neither US President Donald Trump nor the Iranian leadership has officially approved this memorandum draft yet. Therefore, although the agreement has reached its final stage, its entry into force still depends on political decisions.
On May 24, Donald Trump said that the draft peace treaty had been almost agreed upon. The Iranian side also confirmed that negotiators had been in contact regarding the document. However, a day earlier, Trump expressed dissatisfaction with the negotiation process, hinting that new military actions could begin if the situation goes off track.
In short, the 60-day memorandum draft between the US and Iran is seen as an important opportunity to reduce regional tensions and revitalize nuclear talks. But for now, it is a paper agreement — turning it into real peace depends on the future political will of the parties.
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