Only a 60-day Ceasefire pact !!! ::: What is Trump trying to mislead his country and the world ???? :::::: Iran’s chief negotiator, Ghalibaf, said: “The agreement is a record of US failure"

 US releases text of Iran peace plan as Trump says deal averts ‘worldwide depression’  

Iran’s chief negotiator, Mohammad Bagher Ghalibaf, said: “The agreement is a record of US failure. People will see it and judge.”

Defending the deal, Donald Trump says no US president had ever been as tough on Iran as him, and “there is nothing as smart as the market – and the market loves it”.

NUCLEAR PROGRAM REMAINS SENSITIVE ISSUE

Iran's enriched uranium would remain inside the country and would not be transferred abroad. Iran says one option under discussion is the dilution of enriched uranium.

Iranian officials emphasized that the Farsi and English versions of the agreement contain similar provisions and have been signed by both sides.

The Trump administration has released the text of its 14-point agreement with Iran, claiming it delivered a “major win” for the United States – even as it made significant political and financial concessions to Iran to reopen the strait of Hormuz and prevent a “worldwide depression”.

Trump said that “the alternative would be a worldwide depression”, arguing that if he had not struck a deal, “the strait [of Hormuz] would never have been opened. They don’t like floating billion-dollar ships up and down the strait when their rockets are flying overhead and there are mines all over the place.”

Senior administration officials said the deal would help prevent Iran from obtaining a nuclear weapon, pointing to an agreement to discuss down-blending its 440kg stockpile of highly enriched uranium, which could be further enriched for use in a nuclear weapon. 

Trump has said he was open to the stockpile being diluted inside Iran under the supervision of the International Atomic Energy Agency. 

Trump and Iran’s president, Masoud Pezeshkian, signed the agreement on Wednesday. The US vice-president, JD Vance, is also expected to sign the deal at a more formal ceremony in Geneva on Friday.

The Trump administration had delayed the release of the full text of the memorandum of understanding, which is essentially a 60-day ceasefire agreement, in order to hold more comprehensive nuclear and permanent peace talks with Iran. The 14-point plan was dictated to journalists during a background briefing by senior administration officials as Trump spoke at the end of the G7.

The deal would provide important financial incentives to Iran, including the immediate lifting of a US naval blockade on Iranian ports and the issuance of waivers for Iranian crude oil to be shipped abroad.