A senior official from the Trump administration presented the 14-point Iran agreement to reporters on June 17, 2026, following speculation about its contents. President Donald Trump and Vice President JD Vance reportedly signed the memorandum of understanding (MOU) electronically on June 14, 2026. A draft of the agreement was leaked to the press on June 16, prompting a denial from the White House regarding claims of a $300 billion fund for Iran, although officials indicated that this amount could be provided by regional allies contingent on Iran's compliance with the deal.
The agreement lacks detailed provisions concerning Iran's nuclear program, which are to be negotiated in a 60-day timeframe. It includes elements related to sanctions relief and the unfreezing of Iranian assets. Vance is scheduled to sign the agreement in Geneva on June 19, 2026, while Trump is returning to Washington after attending the G7 summit in Evian, France, where he discussed the Strait of Hormuz and Iran's commitment to not pursue nuclear weapons.
The full text of the memorandum outlines various commitments from both the United States and Iran, including the termination of military operations, respect for sovereignty, and a plan for economic development in Iran. It also addresses nuclear weapons development, sanctions termination, and the establishment of a monitoring mechanism for the agreement's implementation.