What we know about Iran’s response to the latest US ceasefire proposal | US-Israel war on Iran News | Al Jazeera

According to US media reports, Washington sent Iran a 14-point document earlier this week. Under its proposals, Iran would be required to agree not to develop a nuclear weapon and halt all enrichment of uranium for at least 12 years. It would also be required to hand over an estimated 440kg (970lb) stock of uranium, which it has enriched to 60 percent.

In return, the US would gradually lift sanctions and release billions of dollars in frozen Iranian assets and withdraw its naval blockade of Iranian ports.

Both sides, which are currently engaged in a naval standoff in the Strait of Hormuz, would reopen the critical waterway within 30 days of signing.

Iran has been subject to crippling US sanctions for decades. The lifting of some of these under a 2015 nuclear agreement drawn up with the former Obama administration, five other countries and the European Union, was reversed when Trump unilaterally walked out of the deal in 2018, during his first term as US president.

Iran is believed to have about 440kg (970lb) of uranium enriched to 60 percent. A 90-percent threshold of enriched uranium is needed to produce a nuclear weapon. Under the Obama-era Joint Comprehensive Plan of Action signed with several other states, Iran had been permitted to enrich uranium to 3.67 percent – enough to develop a nuclear power programme. Now, the US is demanding that it be reduced to 0 percent.

“From the US positions, it appears that Iran would need to compromise significantly, but they have not demonstrated any appetite to make big concessions, likely because they don’t trust the Trump administration to keep to their commitments,” he added.