Thekabarnews.com—Iranian media have quoted a draft memorandum of understanding in which the US has agreed to unfreeze US$24 billion of Iranian assets. This is set to happen in a planned peace pact between Washington and Tehran.

In the proposed structure, the U.S. would unfreeze the assets during a 60-day final negotiating phase after signing the pact.

The pact also calls for Washington to deliver half of the total sum, about $12 billion, before formal negotiations begin. This would be a first confidence-building measure between the two countries.

According to the draft memorandum, released by Indonesia’s Antara News Agency, and cited by Iran’s Mehr News Agency, the release of the asset is one of the major terms of the proposed agreement. It is designed to improve relations following months of heightened tensions.

The remaining 60 days of discussion must free US$24 billion in Iranian assets. According to the draft memorandum quoted by Mehr, Iran should receive half of the sum before the talks commence.

The article said the official start of the 60-day discussion phase will begin after the signing of the memorandum of agreement between the United States and Iran. Both sides have agreed to meet on Friday, June 19, 2026, in Geneva, Switzerland.

One of the most important economic moves in the accord is the proposal to unfreeze assets.

The action might help restore confidence between the two countries. At the same time, it would give Iran access to financial resources that international sanctions have blocked for years.

Earlier, Iranian Deputy Foreign Minister Kazem Gharibabadi said officials finalized the draft memorandum of understanding following months of talks.

“Both governments had completed the paper and were to sign it at a formal ceremony in Geneva on June 19,” Gharibabadi said.

If the United States and Iran sign the pact as anticipated, they will achieve a significant diplomatic breakthrough in their bilateral relations. This happens after a protracted period of regional conflict and political tensions.

The accord is likely to pave the way for broader talks on economic cooperation, regional security, and other confidence-building measures.

The countries say they are optimistic, but officials still have to go through the formal signing process before the deal can take effect.

The implementation of the asset release and the subsequent negotiations could significantly influence geopolitical stability in the Middle East. Moreover, it could affect financial markets around the world.

The deal also reflects a resumption of diplomatic engagement between Washington and Tehran. It suggests that more communication could ease long-standing tensions and lead to a more stable regional security situation.

Stay connected via Google News