Iran live updates: Vance says US is pushing for MOU text to be released

The U.S.-Iran memorandum of understanding is due to be signed on Friday.

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.

Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal. Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations concluded.

On Sunday, Trump announced that the U.S. and Iran had reached a "great deal," which he said would be signed on Friday. The memorandum of understanding was read to reporters on Wednesday.

A senior Trump administration official has read a transcript of the memorandum of understanding that the U.S. signed with Iran to reporters. Officials have not released the text or the agreement. It was read as follows:

Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran. The United States of America and the Islamic Republic of Iran has jointly agreed in good faith on such and such a date on the following

1. The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this mou declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon and other provisions of this paragraph.

2. The United States of America and the Islamic Republic of Iran undertake to respect each other's sovereignty and territorial integrity and to refrain from interfering in each other's internal affairs.

3. The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days extendable with mutual consent.

4. Immediately upon the signing of this MOU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove i