The reported draft envisages a Switzerland signing, immediate waivers for Iranian oil and petrochemicals, asset unfreezing, a permanent ceasefire and talks on a final deal within 60 days.
A final draft US-Iran memorandum reported by Bloomberg envisages signing in Switzerland on June 19, pairing a permanent ceasefire with immediate waivers for Iranian oil, petrochemicals and related services, steps to unfreeze assets, and a financing plan of at least $300 billion. The draft also calls for talks on a final deal within 60 days and Iranian commitments on nuclear weapons. The reported framework builds on earlier versions published by Al Arabiya and Mehr News that outlined an end to hostilities, sanctions relief and large-scale reconstruction support. Trump has denied that the US would directly provide $300 billion, highlighting a key point of contention around how any financing package would be structured.