Published 10.44
Iran’s oil exports may resume, and a plan must be created to enable the country’s economic development, according to a draft agreement between Iran and the United States.
This is reported by media that have seen the document.
The US Treasury Department, according to the draft, will issue exemptions for exports of Iranian crude oil and petrochemical products immediately after the agreement is signed, reports Bloomberg, which has seen the text.
Much of the leaked information is in line with what has previously come out.
In addition, the countries will ensure that maritime traffic through the Strait of Hormuz returns to pre-war levels within 30 days. The US must also withdraw military forces from Iran’s neighborhood.
According to the draft, the United States and its regional partners must also create a plan to rehabilitate Iran and enable the country’s economic development, with funding of at least $300 billion.
Dubai-based al-Arabiya also reports consistent information about the draft.
Neither the U.S. nor Iran has released the draft of the deal, but the U.S. has begun sharing the text with allies at the G7 summit in France, a person familiar with the matter said.
The idea is that the parties will sign the agreement on Friday in Switzerland.
