Draft US deal sees release of $24b frozen assets: Iran media

Mehr news agency reports draft US accord sets 60-day negotiation for nuclear deal: Deal will end war including in Lebanon: Tehran would not cede control of Hormuz, to keep right to enrich uranium under any US deal

Published: 03:09 PM, 12 Jun, 2026
Draft US deal sees release of $24b frozen assets: Iran media
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AFP

Iran's Mehr news agency on Friday published a draft deal with the United States which would, if adopted, secure the release of $24 billion in frozen assets within a 60-day period.

The agency, citing a source close to Iran's negotiating team, said an accord would allow for the "release of $24 billion of Iran's blocked funds during the 60-day final negotiation period."

It added that half of that sum would be "made available to Iran before the start of negotiations."

The Iranian news agency further said that the country’s nuclear programme would be included in 60-day talks with US. The draft accord with the United States had set 60-day negotiation period to reach a deal over Tehran's nuclear programme.

The news agency, citing a source close to Iran's negotiating team, said it stipulates "60 days of negotiations to reach an agreement on nuclear issues and the complete lifting of US primary and secondary sanctions."

The Mehr news agency said the draft deal with the United States to provide a framework for an end to the war on all fronts, including in Lebanon.

The news agency said the memorandum of understanding would include a "permanent and immediate cessation of hostilities on all fronts, including in Lebanon".

Under the draft agreement with the United States, Tehran would not give up control over the strategic Strait of Hormuz.

"Iran makes no commitment in this text to cede the management of the strait or the restoration of conditions that existed prior to the American and Israeli military aggression," according to the official IRNA news agency, which referred to "the broad outlines of the current text" being finalised. 

State media said that the Islamic republic would maintain the right to enrich uranium under any final agreement with the United States following 60 days of negotiations.

"Iran will negotiate on the nuclear programme solely within the framework of the Islamic Republic's fundamental principles, and issues such as Iran's right to enrich uranium and the retention of enriched material... will be emphasised with a view to their inclusion in the final agreement," according to the official IRNA news agency.

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