Trump-Pezeshkian Initial Signing Confirmed: 60-Day Talks Framework, Hormuz Reopen, Uranium Dilution
US President Donald Trump and Iranian President Masoud Pezeshkian signed the initial agreement, extending the ceasefire for another 60 days and operationalising the reopening of the Strait of Hormuz. The signing came late Wednesday evening into Thursday morning at the conclusion of the G7 Summit. The text includes a $300 billion Iran reconstruction plan, Iran agreeing to dilute its enriched uranium stockpile, the lifting of the US naval blockade, and immediate sanctions waivers. The first 30-day compliance window for sanctions-waiver operationalisation remains the principal structural test.
The formal naming of Iranian President Masoud Pezeshkian as the signing counterpart is the structural confirmation of the Iranian-side political endorsement. The 60-day talks framework is the operative timeline for the nuclear-track follow-up; talks expected to begin in Geneva or Vienna within 4-6 weeks. The $300 billion reconstruction plan financing involves Saudi Arabia, Qatar and UAE through sovereign-wealth-fund vehicles tied to the framework Saudi-led six-state alignment. The uranium dilution commitment is the most material nuclear-track concession of the cycle. The Iran-asset-unfreezing operationalisation begins immediately under the operative terms.