US, Iran Discuss Moving MOU Signing Ceremony to June 18 From June 20
Summary
- The US and Iran are discussing moving the MOU signing ceremony up from June 20 to June 18, according to the report.
- The two sides said that after signing the MOU, they plan to begin about 60 days of follow-up negotiations toward a final agreement covering the nuclear program, the lifting of sanctions on Iran, and economic cooperation.
- Markets are analyzing that if the signing date is moved up, expectations for easing Middle East geopolitical risks could strengthen further.
Forecast Trend Report by Period
The US and Iran are discussing moving a memorandum of understanding signing ceremony to June 18 from its original June 20 date, Axios reported, citing sources.
Axios reported on June 17 that the two sides were considering shifting the ceremony forward by two days.
The two countries had previously said they would begin about 60 days of follow-up negotiations after signing the MOU to reach a final agreement. Those talks would cover the nuclear program, the lifting of sanctions on Iran, and economic cooperation.
The US and Iran have recently been working out details of the agreement, and the US side believes a deal is close, the report said.
Markets are also weighing the possibility that an earlier signing could further bolster expectations for easing Middle East geopolitical risks.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
