US-Iran ceasefire terms released after deal officially signed | ABC NEWS

US and Iran have officially signed a memorandum of understanding for an immediate and permanent ceasefire on all fronts, as the White House released the full text at the G7 in France.
The deal includes a $300 billion reconstruction fund for Iran, the toll-free reopening of the Strait of Hormuz for an initial 60 days and the removal of sanctions on Iranian oil.
US President Donald Trump has spruiked the agreement as a success, as Iran confirmed its commitment to not procuring and developing nuclear weapons.

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