Iran’s president Pezeshkian says US memorandum is best path out of stalled war

The Memorandum of Understanding that U.S. President Donald Trump signed in June set an ambitious 60-day deadline for ending the war with Iran and reaching an accord on Iran’s nuclear program. That period ended last week, but the two sides remain far apart, with no signs of compromise on the crucial issue of reopening the Strait of Hormuz. While stressing that Tehran did not intend to back down in the face of its adversaries, Masoud Pezeshkian also linked the agreement to Iran’s economic prospects, saying the country could not attract investment in this stalled phase.

The Memorandum of Understanding that U.S. President Donald Trump signed in June set an ambitious 60-day deadline for ending the war with Iran and reaching an accord on Iran’s nuclear program. That period ended last week, but the two sides remain far apart, with no signs of compromise on the crucial issue of reopening the Strait of Hormuz. While stressing that Tehran did not intend to back down in the face of its adversaries, Masoud Pezeshkian also linked the agreement to Iran’s economic prospects, saying the country could not attract investment in this stalled phase.

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