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Five Key Points of the Agreement Reached in the First Round of Iran-U.S. Negotiations

On June 22, according to CCTV International News, the media committee of the Iranian negotiation delegation released key contents and agreement points reached during the first round of negotiations in Geneva on June 22 local time: 1. Under pressure from the Iranian delegation, the fragile ceasefire in the Lebanese region has been maintained since the afternoon of June 20. To strengthen this ceasefire, a supervisory mechanism named the 'Conflict De-escalation Group' will be established, with Iran participating. This mechanism signifies Iran's formal entry into the Lebanese security framework. The U.S. had attempted in recent months to exclude Iran from matters related to Lebanon, while Israel has no position in this mechanism. 2. Regarding the management of the Strait of Hormuz, a communication hotline will be established to ensure the gradual reopening of the strait, allowing for direct contact with Iran to coordinate solutions in case of issues during implementation. This arrangement is interpreted as a form of acknowledgment of Iran's sovereign status in the Strait of Hormuz. 3. According to the joint statement, three working groups will be established to address nuclear issues, Iranian sanctions, and the supervisory mechanism, and they will begin work after the implementation of Article 13 of the memorandum of understanding. Article 13 includes: a comprehensive ceasefire (especially on the Lebanese front), lifting the maritime blockade, unfreezing Iran's frozen assets, and issuing waivers for Iranian oil and petrochemical products. Prior to this, Iran will not enter the final phase of negotiations. 4. In this round of negotiations, Iran and Qatar also signed a memorandum of understanding regarding the execution mechanism for unfreezing Iranian assets. 5. During the negotiations, according to Article 10 of the U.S.-Iran memorandum of understanding, the U.S. Department of the Treasury's Office of Foreign Assets Control issued a 60-day waiver for sanctions on Iranian oil, petrochemicals, and related products. This means Iran can officially sell oil to customers and receive related payments through the official mechanism of the central bank.

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