As former U.S. President Donald Trump reportedly stated, “If I don’t like the final deal, I’ll bomb them again,” CNN has obtained and published a 14-point draft memorandum of understanding between the United States and Iran — a framework aimed at ending hostilities and stabilizing regional tensions.
A Framework for De-escalation
The draft outlines terms for an immediate ceasefire across all fronts — including Lebanon — the reopening of the Strait of Hormuz, economic concessions to Tehran, and Iran’s reaffirmed commitment not to pursue nuclear weapons. While the document is not yet officially released, CNN secured a copy from a U.S. official. Its contents were independently confirmed by a diplomat who reviewed it during this week’s G7 summit in France, as well as two additional diplomatic sources familiar with the negotiations.
Economic Measures and Nuclear Safeguards
Under the proposed agreement, the U.S. would lift restrictions allowing Iran to export oil and petrochemical products. In return, Tehran could access a $300 billion development fund — contingent on compliance with nuclear-related commitments to be finalized in follow-up talks scheduled for the second year of implementation.
Notably, the draft does not specify the disposition of Iran’s enriched uranium stockpile. According to the U.S. official who spoke to CNN, the text reflects an agreement electronically signed on Sunday, June 14, 2026, by Trump, Vice President J.D. Vance, and Mohammad Baqer Qalibaf, Speaker of Iran’s Parliament.
Uncertainty Ahead of Formal Signing
However, due to the high level of secrecy maintained by both governments, it remains unclear whether the version shared with CNN matches the exact wording of the final document set to be signed in person on Friday, June 19, 2026, in Switzerland. Technical details are still being finalized, meaning language may change before formal adoption.
U.S. officials speaking to CNN downplayed the legal weight of the memorandum itself, describing it as a “political document” rather than a binding treaty — one that does not codify critical Iranian commitments, particularly regarding the future of its nuclear program.
The White House declined to comment when approached by CNN with the draft. Meanwhile, Iran’s semi-official Tasnim News Agency dismissed leaked versions of the text as inaccurate.
Next Steps
The formal signing is expected on Friday, June 19, 2026. Upon ratification, a 60-day period will begin for negotiating the final terms of a comprehensive agreement.
The full text of the draft begins as follows:
- The Islamic Republic of Iran and the United States of America, together with their respective allies involved in the current conflict, declare, through the signing of this Memorandum of Cooperation, an immediate and permanent cessation of hostilities on all fronts — including Lebanon — and commit…