NEWS
Iran Demands $300 Billion Reparations as Condition for Ending Conflict, Unveils 14-Point Peace Proposal
Iran has unveiled a sweeping 14-point proposal aimed at ending the ongoing conflict with the United States and restoring stability in the region, with a key demand that Washington and its allies provide at least $300 billion in reconstruction and compensation funds for damages allegedly caused by the war.
The draft agreement, published by Iranian state media, outlines Tehran’s conditions for a ceasefire and the commencement of broader peace negotiations. While the proposal signals Iran’s willingness to engage in diplomacy, it also makes clear that the country will retain control over the strategically vital Strait of Hormuz and continue its nuclear enrichment activities.
The development comes amid growing speculation that U.S. Vice President JD Vance could travel to Geneva in the coming days to participate in discussions surrounding a potential agreement ahead of next week’s G7 summit in the French Alps.
Sources familiar with the negotiations indicate that the proposed document is not a final peace accord but rather a memorandum of understanding intended to pave the way for further talks between the two sides.
Under the proposal, Iran is seeking an immediate and permanent ceasefire across all fronts, including hostilities involving Lebanon. Tehran is also demanding guarantees that the United States will refrain from interfering in its internal affairs and will formally respect the sovereignty of the Islamic Republic.
Among the major conditions outlined in the draft are the lifting of naval restrictions within 30 days, the withdrawal of U.S. military forces from areas surrounding Iran, and the reopening of the Strait of Hormuz under arrangements supervised by Tehran.
The proposal further calls for the suspension of sanctions on Iranian oil exports, petrochemical products, and related industries, alongside unrestricted access to Iran’s financial assets held abroad.
A central component of the plan is the demand that the United States and its allies provide reconstruction assistance valued at no less than $300 billion. Iranian officials argue that such funding is necessary to repair infrastructure and revive economic sectors impacted by the conflict.
The draft also proposes a 60-day negotiation period to address nuclear-related issues, sanctions relief, and Iran’s economic recovery. During that period, Tehran seeks the release of $24 billion in frozen Iranian funds, with half of the amount to be made available before formal negotiations begin.
Iran reaffirmed in the document that it remains committed to the Nuclear Non-Proliferation Treaty and does not intend to develop nuclear weapons. However, discussions concerning Iran’s missile programme and its support for regional resistance groups have been specifically excluded from the proposed negotiations.
Other provisions include the establishment of an international monitoring mechanism to oversee implementation of any agreement and a requirement that any final settlement be endorsed through a United Nations Security Council resolution.
The proposal further states that comprehensive negotiations cannot begin until several preliminary conditions are met, including the release of half of Iran’s frozen assets, the suspension of sanctions on Iranian oil exports, and the lifting of the naval blockade.
Reacting to reports of progress in the talks, U.S. President Donald Trump stated on Thursday that Washington had made significant headway in reaching an agreement with Tehran. However, Iranian officials quickly urged caution.
A spokesperson for Iran’s Foreign Ministry noted that no final conclusion had yet been reached, while the country’s Tasnim News Agency reported that the memorandum of understanding is still awaiting approval from Iran’s senior leadership.
The emergence of the draft has intensified international attention on the negotiations, with global powers closely monitoring whether the proposed framework can provide a pathway toward de-escalation in one of the world’s most strategically sensitive regions.