Skip to Content Facebook Feature Image

IAEA chief welcomes US-Iran peace memorandum

China

China

China

IAEA chief welcomes US-Iran peace memorandum

2026-06-19 17:46 Last Updated At:18:07

The head of the UN's atomic energy agency on Thursday welcomed the signing of an initial Iran-U.S. memorandum aimed at ending the war, before proposing "to sit down" with both parties to assist with concrete measures, including verification of Iran's nuclear program, a critical sticking point.

"We believe the fact that the indispensable role of the IAEA is recognized is a sound point of departure," said Rafael Mariano Grossi, director general of the International Atomic Energy Agency (IAEA), in reference to the reported text of the memorandum.

"Now it's for us to sit down with our American colleagues, our Iranian colleagues and start formulating the concrete steps that will have to be taken. So, I think it's good that the memorandum is there. Now the technical work starts," he said.

According to media reports, the memorandum of understanding provides for a maximum of 60 days of negotiations to achieve a "final deal" on issues including uranium enrichment by Iran, which must also reaffirm that it does not intend to develop a nuclear weapon.

Other requirements listed in the memorandum include reopening the Strait of Hormuz to all shipping and easing U.S. and UN Security Council sanctions on the Middle East nation. The "immediate and permanent termination of military operations on all fronts, including in Lebanon," also features prominently in the first of 14 points of the memorandum.

Refusing to speculate about the talks, Grossi said "because we are about to start and we have to initiate any negotiation on the assumption that we are all in with faith, that we want to be successful."

Responding to a question about a possible agreed reduction in the level of uranium enrichment by Iran, the IAEA chief noted that "many, many possibilities" could be explored. The agency's access to all of Iran's nuclear facilities is "not at a level and in all the locations it should be", he stressed, but contact with the authorities is ongoing and the agency has "a pretty good idea" of the "specific things, places, that we need to access."

"It's now, I'd say, that the technical work can start for real," said Grossi.

Grossi's remarks came after Iranian President Masoud Pezeshkian and U.S. President Donald Trump digitally signed the memorandum of understanding on ending the war, Iran's Foreign Ministry spokesman Esmaeil Baghaei said early Thursday.

IAEA chief welcomes US-Iran peace memorandum

IAEA chief welcomes US-Iran peace memorandum

Tokyo stocks ended mixed Friday, as uncertainties over the conflict in the Middle East led to a pause in buying momentum.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 196.57 points, or 0.28 percent, from Thursday at 71,250.06.

The broader Topix index, meanwhile, finished 23.22 points, or 0.57 percent, lower at 4,044.96, the first drop in three sessions.

Shares opened strongly, with the Nikkei stock index hitting a fresh intraday high near the 72,000 line, tracking overnight advances on Wall Street led by semiconductor-related issues.

The stocks came under pressure later in the day as uncertainty remains over the course of peace talks between the United States and Iran, which prompted crude oil futures to rise, analysts said.

Meanwhile, the Japanese yen weakened to the upper 161 zone against the U.S. dollar on Friday, nearing its lowest level in more than 39 years, with the market showing little reaction to Finance Minister Satsuki Katayama's warning of "decisive" action if there are speculative moves in the currency market.

Tokyo stocks end mixed on Middle East uncertainties

Tokyo stocks end mixed on Middle East uncertainties

Recommended Articles