US and Iran Set to Sign Key Memorandum as Early as Next Week — Sources

Washington and Tehran are closing in on a historic diplomatic breakthrough with a memorandum of understanding expected to be signed early next week, paving the way for long-term nuclear negotiations between the two longtime rivals.

A Diplomatic Milestone on the Horizon

Washington and Tehran are inching closer to a major diplomatic milestone. The two countries are likely to sign a memorandum of understanding as early as the start of next week. This signing would open the door to deeper, long-term negotiations between the United States and Iran. Two sources familiar with the ongoing diplomatic efforts confirmed this development.

“A memorandum of understanding between the US and Iran will likely be signed early next week opening the way for further talks on a long-term US-Iran agreement,” the sources stated.

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60-Day Talks and the Road Ahead

Once the memorandum is signed, a 60-day negotiation window will kick in. Both sides will use this time to hammer out the finer details of a broader agreement. The timeline could be extended, if needed, to allow for more thorough discussions.

Beyond the signing, further steps are expected to follow quickly. One of the immediate actions will involve clearing the Strait of Hormuz of naval mines a critical waterway for global oil trade.

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Iran’s Nuclear Concessions and Sanctions Relief

Under the emerging deal, Iran is reportedly prepared to suspend uranium enrichment for 15 to 20 years. Tehran has also signaled its willingness to dismantle its nuclear facilities as part of the agreement. In return, the United States is expected to gradually ease its long-standing sanctions against Iran.

Notably, US intelligence assessments suggest Iran has not sought to build a nuclear weapon but rather aimed to reach the technological threshold that would make building one possible.

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Trump Confirms Iran’s Leadership Is On Board

On Thursday, US President Donald Trump told reporters he believes Iran’s leadership has approved the signing of the deal with the United States. Iran’s Foreign Ministry spokesperson Ismail Bagaei also confirmed that the text of the memorandum has been agreed upon in its key points.

Iranian officials had previously stated that any peace negotiations aimed at ending the US-Iran conflict depended on all parties honoring their ceasefire commitments across all fronts.