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Iran to Gain Major Financial Relief Under Interim Deal With US
Bloomberg.com • • business
Key Points:
- Iran would be permitted to resume oil exports immediately under an interim agreement with the US, according to a draft deal.
- The agreement includes Iran gaining access to a $300 billion economic development program as part of negotiations for a permanent peace.
- The memorandum of understanding is set to be formally signed on Friday in Switzerland, solidifying the earlier agreement.
- This deal initiates 60 days of talks aimed at ending the war and imposing strict limits on Iran’s nuclear activities.
