US and Iran sign ceasefire agreement, $300 billion reconstruction plan for Iran included

The agreement mandates an immediate and permanent cessation of military operations on all fronts, including Lebanon, with both nations pledging to refrain from threats or force and to respect territorial integrity and sovereignty. A key economic component includes a reconstruction and economic development program for Iran, estimated at over $300 billion, to be funded by the United States and its regional partners. The protocol initiates negotiations for a definitive agreement within 60 days, with a possible extension by mutual consent.

Immediate measures include the gradual lifting of the US naval blockade on Iranian ports, to be completed within 30 days. Iran, in turn, commits to restoring free maritime navigation in the Strait of Hormuz, with commercial vessels resuming operations immediately and full traffic expected after demining. Washington will also progressively lift sanctions on Iran and unfreeze its assets abroad, granting temporary exemptions for the resumption of Iranian oil exports, banking transactions, insurance, and associated transport activities.

The Iranian nuclear program's status quo will be maintained pending a final agreement on enriched uranium management and civilian nuclear activities. This diplomatic initiativ