Iran's 14-Point Deal To End War: Iran Demands $300bn To End War (

 Iran demands $300bn to end war

Iran has demanded $300bn (£225bn) from the US to end the war in Iran and open up the Strait of Hormuz.

However, Tehran will not give up control over the strategic waterway and will continue its nuclear enrichment, according to a draft agreement published by Iranian state media.

The text emerged amid expectations that JD Vance, the US vice-president, will fly to Geneva to sign a deal, potentially on Sunday, before next week’s G7 meeting in the French Alps.

The deal is understood to be a memorandum of understanding (MOU), effectively a promise to hold further negotiations rather than a finalised peace agreement.

Iran's 14-point deal to end war

1 An immediate and permanent ceasefire on all fronts, including in Lebanon.

2 The United States commits to non-interference in Iran's internal affairs and to respecting the sovereignty of the Islamic Republic of Iran.

3 The complete lifting of the naval blockade within 30 days.

4 The United States commits to withdrawing its forces from the area around Iran.

5 The reopening of the Strait of Hormuz within 30 days, under arrangements made by Iran.

6 The suspension of sanctions on the sale of oil, petrochemical products and related derivatives, together with full access for Iran to its financial resources.

7 The United States and its allies to provide reconstruction plans for Iran worth at least $300bn.

8 The parties will spend 60 days negotiating a final deal about nuclear issues and the complete removal of US, UN, and IAEA-related sanctions and restrictions.

9 A reaffirmation of Iran's commitment in the Nuclear Non-Proliferation Treaty to not produce nuclear weapons.

10 During the negotiations, the United States commits not to increase its forces in the region and will not impose new sanctions.

11 The release of $24bn in frozen Iranian funds during the 60-day negotiation period. Half of this amount must be made available to Iran before the negotiations begin.

12 The establishment of a monitoring mechanism to oversee implementation of the agreement.

13 The final agreement to be approved by a UN Security Council resolution.

14 Final negotiations will not begin until half of Iran's frozen funds have been released, sanctions on Iranian oil have been suspended, and the naval blockade has been lifted.

The negotiations will focus solely on enriched nuclear material and enrichment activities, the lifting of sanctions, and Iran's economic reconstruction programme. Discussions regarding Iran's missile programme and its support for resistance groups have been explicitly excluded from the agenda.

It calls on the US and its allies to pay Iran reparations for damage caused by the war and “to present reconstruction plans for Iran amounting to at least $300bn”.

Donald Trump said on Thursday that the US had “made a great deal” with Iran. However, an Iranian foreign ministry spokesman said: “We have not yet reached a conclusion on this matter.”

Iran’s Tasnim state news agency said the MOU was yet to receive approval from the Islamic Republic’s senior leadership.