‘Deal’s all signed’: Trump says ‘no sanctions relief’ for Iran in MoU | World News


US President Donald Trump on Monday said a memorandum of understanding (MoU) that aims to end the conflict in West Asia has already been signed by the United States and Iran, but suggested that Tehran may not receive sanctions relief as earlier reported by White House.

Speaking to reporters alongside French President Emmanuel Macron at Evian-les-Bains in the French Alps at the G7 venue, Trump was asked whether the agreement with Iran involves sanctions relief for the latter, to which the US President replied, “No, it doesn’t.”


Behaviour-based compliance and Hezbollah conflict

“It’s really a behavioural thing. If they do what they’re supposed to do, that starts taking effect,” Trump added.

He then talked about the difficulties around the fighting between Lebanon and the Hezbollah militant group and said America wants to see if they can “straight out” this conflict.

Reopening the Strait of Hormuz

Trump hailed the agreement that has “partially reopened” the Strait of Hormuz and said, “The deal’s all signed.”

The reopening of the strategic waterway, which is responsible for 20 percent of global oil and gas supply, would help stabilise a three-month blockade of Gulf oil supplies that has caused major financial disruption across the global markets.

Timeline for public release of text

As demand from his opponents grew to publish the agreement, Trump said the text of memorandum of understanding (MoU) would be released publicly, most probably after the formal signing of agreement on Friday.

When asked by reporters in France when would the text of MoU be released publicly, Trump said: “Probably pretty soon. I ​would say after sometime after Friday…I think sometime in the very near future.”

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Congressional demands for transparency

New York’s US Senate Democratic leader Chuck Schumer earlier called on the US President to release the details linked to deal and brief the Congress.

“The American people deserve details and full transparency – what exactly is in this ‘understanding’? Will servicemembers remain in harm’s way. And what have we ⁠actually gained here from Trump’s war?” Schumer said, Reuters reported.

Delegate attendance and market reactions

Trump suggested that he would not attend the formal signing of agreement, which is scheduled to take place in Geneva, Switzerland on Friday, and instead Vice President JD Vance would go to the event.

Trump said: “The Iran deal that we made is going to bring a lot of success to the world. I think a lot of great things are going to happen in the Middle East right now, and very importantly the oil (price) is plummeting down and the stock market is shooting up like a rocket today,” AP reported.





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