In a telephone conversation on Wednesday, Iranian Foreign Minister Abbas Araqchi and his Italian counterpart Antonio Tajani exchanged views on the provisions of the Islamabad Memorandum of Understanding.
The two senior diplomats highlighted the importance of preserving regional stability and security and emphasized the need to capitalize on the opportunity created within the framework of the memorandum to consolidate peace and expand cooperation among regional countries.
Araqchi and Tajani also agreed to pursue several issues related to bilateral relations.
The Islamabad Memorandum of Understanding between Iran and the United States was signed in the first minutes of June 18, 2026, by Iranian President Masoud Pezeshkian and US President Donald Trump through a simultaneous digital process without an in-person ceremony.
Iranian officials described the document as a political framework designed to end the imposed US-Israeli war of aggression against the Islamic Republic of Iran and create a pathway toward a comprehensive final agreement. The memorandum was finalized after weeks of negotiations and signed in both Persian and English.
The agreement’s first article provides for the immediate and permanent termination of military operations between Iran, the US, and their respective allies across all fronts, including Lebanon, and commits the parties to refrain from future military action or threats of force. The memorandum also stresses respect for Lebanon’s territorial integrity and sovereignty, while negotiations on a final agreement are scheduled to conclude within a maximum period of 60 days and are expected to culminate in a binding United Nations Security Council resolution.
The memorandum establishes a phased economic and maritime mechanism under which Washington undertook to begin lifting restrictions affecting Iran, including measures related to oil exports, banking transactions, insurance, transportation, access to frozen assets, and the removal of the naval blockade according to agreed timelines. In parallel, Iran committed to facilitating secure commercial navigation through the Persian Gulf and the Strait of Hormuz and to coordinating future maritime arrangements with Oman and other regional littoral states in accordance with international law.
On the nuclear issue, the memorandum reaffirms Iran’s stated position against pursuing nuclear weapons while opening a negotiation track on enrichment, sanctions relief, and arrangements concerning enriched materials under a mutually agreed mechanism and International Atomic Energy Agency supervision. Pending the final agreement, Iran is to maintain the current status of its nuclear program, while the US is to refrain from imposing new sanctions or deploying additional military forces in the region.
Iranian officials have also emphasized that defense and missile capabilities remain outside the scope of negotiations and that implementation of commitments will proceed on the basis of reciprocal compliance.