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Iran says memo with US finalized and commitments "take effect" Friday, state media reports

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Iran’s deputy foreign minister for legal and international affairs said the text of a memorandum of understanding with the United States has been finalized and will be formally signed Friday in Switzerland.

“The text of the memorandum of understanding has been finalized, and the official signing of the Islamabad Memorandum of Understanding will take place in Switzerland on Friday,” Kazem Gharibabadi told state media outlets.

“Our commitments will take effect starting Friday,” Gharibabadi stressed.

“Two issues will take effect immediately starting early this morning,” local time, he explained. “1. A permanent and immediate end to the war on all fronts, including Lebanon. 2. The lifting and termination of the naval blockade that the United States had imposed against the Islamic Republic of Iran,” he added.

Gharibabadi said the memorandum of understanding was “not solely the product of diplomatic efforts,” but also what he described as Iran’s “military achievements.”

The comment came after President Donald Trump announced earlier Sunday that an agreement with Iran had been reached and that the United States would end its naval blockade on the country, describing it as the most significant development in months of negotiations.

“The Deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump wrote in a post on Truth Social.