US-Iran Deal Unsettled as Both Sides Clash over Core Terms

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Summary:

Imei is set to sign an agreement, though differences remain over frozen assets and nuclear issues; Iran says it has made no commitments......

News Roundup

1. Iran states that, at this stage, it has not made any commitments regarding the details of the nuclear issue

2. Trump: US-Iran agreement ‘has not yet been fully finalised’

3. Israeli media: Trump has assured Israel that the agreement with Iran will dismantle its nuclear programme

4. Iranian President says Iran stands ready to declare to the world that it does not seek nuclear weapons

5. Iranian media reveal the terms of the memorandum of understanding reached between Iran and the US

News Details

Iran states that, at this stage, it has not made any commitments regarding the details of the nuclear issue

On 24 May local time, Iran stated that previous reports in the Israeli media claiming that Iran would not be granted access to its frozen funds until it had begun transferring its enriched uranium reserves were incorrect.

Iran is unwilling to link the unfreezing of assets to the nuclear issue, and at this stage has not made any commitments regarding the details of the nuclear issue. Iran pointed out that once an agreement is announced, a portion of the frozen assets should be unfrozen immediately, and it must be ensured that Iran can make full use of these assets. According to Iranian sources, if the frozen assets are not released, this would breach one of Iran’s red lines, and the two sides would be unable to reach a consensus.

The Iranian side also stated that, due to various factors—including US obstruction of the unfreezing of Iranian assets—the contents of the memorandum of understanding have not yet been finalised, and therefore there remains a possibility that consensus cannot be reached.

Trump: US-Iran deal ‘not yet fully agreed’

US President Trump said on the 24th that the agreement between the US and Iran was ‘not yet fully agreed’, accusing some people who were unaware of the situation of ‘making unfounded criticisms’.Trump posted on social media, stating, ‘If I reach an agreement with Iran, it will be a good, proper agreement’. “At present, no one has seen it or knows its contents. It has not yet been fully finalised. So do not listen to those losers who are making unfounded criticisms about something they know nothing about.”According to US media reports, although the contents of this draft agreement have not yet been made public, some figures in the US have strongly criticised it, claiming that it actually undermines the objectives set by the Trump administration itself. White House officials told the media on the same day that it would “take several more days” before the US and Iran were ready to sign the agreement.

Israeli media: Trump assures Israel that deal with Iran will dismantle its nuclear programme

The Times of Israel website reported on the 24th, citing a senior Israeli official, that US President Trump had stated during a telephone conversation with Israeli Prime Minister Netanyahu the previous evening that he would remain committed to the goal of dismantling Iran’s nuclear programme. The report stated that Trump “assured” Netanyahu that the “final agreement” reached with Iran would completely dismantle Iran’s nuclear programme.The unnamed Israeli official said: “Trump made it clear that he would insist on his long-standing demands during the negotiations, namely the dismantling of Iran’s nuclear programme and the removal of all enriched uranium from Iranian territory; if these conditions are not met, he will not sign the final agreement.”

Iranian President Says Iran Is Ready at Any Time to Declare to the World That It Does Not Seek Nuclear Weapons

On 24th local time, Iranian President Pezeshigian, in an interview with the Iranian State News Agency, referred to potential future negotiations with the United States. Pezeshigian stated that Iran is ready at any time to declare to the world that it does not seek nuclear weapons, nor does it seek to create regional instability.During the interview, Pezeshigian criticised Israel, accusing it of undermining regional stability and provoking war and conflict in various ways. Pezeshigian stated that the Iranian government and the Iranian negotiating delegation would never compromise on matters concerning the nation’s honour and dignity.

Iranian media reveal conditions for a memorandum of understanding between Iran and the US

On the 24th, Iran’s Tasnim News Agency revealed the conditions for a memorandum of understanding between Iran and the US, including the prior unfreezing of some of Iran’s frozen assets and the lifting of US oil sanctions against Iran during the negotiations.

Tasnim News Agency reported that if Iran and the US confirm the terms of the “preliminary understanding”, the two sides will first sign a memorandum of understanding emphasising an end to hostilities on all fronts, including in Lebanon.Subsequently, the two sides would have a 30-day deadline to implement a series of measures relating to the naval blockade and the Strait of Hormuz. The report stated that Iran emphasised the necessity of unfreezing some of its frozen assets immediately upon the announcement of the memorandum of understanding.

During the negotiations, the mechanism for unfreezing other frozen assets must also be clarified. Should the US again obstruct the unfreezing process, Iran would reconsider whether to proceed with the relevant negotiations.The report stated that Iran has not yet agreed to take any action on the nuclear issue. The memorandum of understanding does not cover nuclear matters; negotiations on the nuclear issue have been postponed until after the hostilities have ended and “the US has taken certain measures”.

The report refuted claims by some Western media outlets that “the Strait of Hormuz will return to its pre-war state within 30 days”. The report stated that the memorandum of understanding to be reached between Iran and the US does not require the Strait to be restored to its previous state, but rather to restore the “number of transiting vessels” to pre-war levels within 30 days. According to the terms of the agreement, the US must completely lift the naval blockade within 30 days; otherwise, the situation regarding passage through the Strait will remain unchanged.

The report noted that the Iranian side emphasised it would exercise its control over the Strait of Hormuz through various means, with specific details to be announced separately. Furthermore, Iran stressed that the US must commit to withdrawing combat troops from the vicinity of Iran. The report added that although an MOU between Iran and the US may be reached, Iran is also prepared for the negotiations to fail at this stage.

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