Read the 14 points of the agreement between Iran and the U.S.

Washington — Senior U.S. officials connected Wednesday dictated the 14 points of the memorandum of knowing betwixt the U.S. and Iran, speechmaking the substance of the statement to reporters connected a telephone call. The officials spoke connected the information of anonymity. 

Key points of the woody include:

• Both sides agreed to "the contiguous and imperishable extremity to subject operations connected each fronts, including successful Lebanon."
• Iran tin statesman exporting lipid arsenic soon arsenic the MOU is signed.
• Iran "will marque arrangements utilizing its champion efforts for the harmless transition of commercialized vessels with nary complaint for 60 days lone from the Persian Gulf to the Sea of Oman and vice versa."
• The U.S. and determination partners volition make a reconstruction program for Iran worthy astatine slightest $300 billion.
• Iran affirms that it "shall not procure oregon make atomic weapons."
• The 2 sides "have agreed to resoluteness the disposition of stockpiled enriched material."
• U.S. sanctions connected Iran volition beryllium lifted connected docket arsenic a portion of a last deal, linked to atomic compliance. 
• There volition beryllium 60 days to motion a last agreement, which the 2 sides tin hold to extend.

"If it doesn't get done successful 60 days, that's each right. We spell backmost to bombing," President Trump said astatine the G7 successful France Wednesday. "I don't privation to bash that, due to the fact that it's truthful good, but we mightiness person to, due to the fact that we're ne'er going to fto them person a atomic weapon."

The paragraphs of statement beneath were transcribed from the authoritative speechmaking them aloud. CBS News has not seen the papers directly:

1. The United States of America and the Islamic Republic of Iran and their allies successful the existent war, by signing this MOU, state the contiguous and imperishable termination of subject operations connected each fronts, including successful Lebanon, and undertake from present connected not to initiate immoderate warfare oregon immoderate subject cognition against each other, and to refrain from the menace oregon usage of unit against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The last woody volition corroborate the imperishable termination of the warfare connected each fronts, including successful Lebanon and different 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 successful each other's interior affairs.
3. The United States of America and the Islamic Republic of Iran perpetrate to negotiating and achieving the last woody successful maximum 60 days, extendable with communal consent.
4. Immediately upon the signing of this MOU, the United States of America volition statesman the removal of its naval blockade and immoderate disturbances oregon impediments against the Islamic Republic of Iran, and volition afloat extremity the naval blockade wrong 30 days. During this period, the postulation of vessels volition beryllium successful proportionality to the numbers of pre-war postulation being restored by the Islamic Republic of Iran. The United States of America further undertakes to region its forces from the proximity of the Islamic Republic of Iran wrong 30 days aft the last deal.
5. Upon the signing of this MOU, Islamic Republic of Iran volition marque arrangements utilizing its champion efforts for the harmless transition of commercialized vessels with nary complaint for 60 days lone from the Persian Gulf to the Sea of Oman and vice versa. The postulation of commercialized vessels volition instantly commencement and considering the request for removing the method and subject obstacles and demining by the Islamic Republic of Iran volition beryllium instated wrong 30 days. The Islamic Republic of Iran volition behaviour dialog with the sultanate of Oman to specify the aboriginal medication and maritime services successful the Strait of Hormuz successful treatment with different Persian Gulf states successful enactment with the applicable planetary instrumentality and the sovereign rights of coastal states of the Strait of Hormuz.
6. The United States of America undertakes with determination partners to make a definitive mutually agreed program with astatine slightest USD $300 cardinal for the reconstruction and economical improvement of the Islamic Republic of Iran. The mechanics for the implementation of this program volition beryllium finalized arsenic portion of the last woody wrong 60 days. All required licenses, waivers and permissions needed for the applicable fiscal transactions volition beryllium granted by the United States of America.
7. The United States of America undertakes to terminate each types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions, and each unilateral U.S. sanctions, superior and secondary, successful an agreed-upon docket arsenic portion of the last deal. The Islamic Republic of Iran and the United States of America admit the captious value of the sanctions termination contented supra mentioned, and explicit their intentions to instantly code these issues successful the negotiations successful bid to execute communal statement connected them.
8. The Islamic Republic of Iran reaffirms that it shall not procure oregon make atomic weapons. The United States of America and the Islamic Republic of Iran person agreed to resoluteness the disposition of stockpiled enriched material, pursuant to a mechanics that volition beryllium mutually agreed upon successful accordance with the docket mentioned successful paragraph seven, with the minimum methodology to beryllium down-blending connected tract nether the supervision of the IAEA. The 2 parties besides agreed to sermon the contented of enrichment and different mutually agreed matters related to the Islamic Republic of Iran's atomic needs, based connected a satisfactory model being agreed upon successful the last deal. The last woody volition corroborate the provisions of this paragraph. The United States of America and the Islamic Republic of Iran admit the captious value of the atomic issues supra mentioned, and explicit their volition to instantly code these issues successful the negotiations successful bid to execute communal statement connected them.
9. Pending the last deal, the United States of America and the Islamic Republic of Iran hold to support the presumption quo. The Islamic Republic of Iran volition support the existent presumption quo of its atomic program, and the United States of America volition not enforce immoderate caller sanctions, and volition not deploy further forces successful the region.
10. The United States of America undertakes that instantly upon the signing of this MOU, and until the termination of sanctions, the U.S. Department of Treasury volition contented waivers for the export of Iranian crude oil, petroleum products and derivatives, and each associated services, including banking transactions, insurances, transportation, etc.
11. The United States of America undertakes to marque afloat disposable for usage the frozen oregon restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MOU. The United States of America and the Islamic Republic of Iran volition mutually hold connected the procedures related to the merchandise of these funds during the negotiations. Such funds, whether retained successful the archetypal relationship oregon transferred, shall beryllium made afloat usable for outgo to immoderate eventual beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to contented each indispensable licenses and authorizations accordingly.
12. The United States of America and the Islamic Republic of Iran hold that an enforcement mechanics volition beryllium established to show the palmy implementation of this MOU and the aboriginal compliance of the last deal.
13. After signing this MOU and taxable to the opening of the implementation of paragraphs 1, 4, 5, 10, and 11 of this MOU, and the continuing implementation of these measures, the United States of America and Islamic Republic of Iran volition commencement negotiations regarding the last woody exclusively connected the different paragraphs.
14. The last woody volition beryllium endorsed by a binding UNSC resolution.