Key facts
- The US and Iran are expected to formally sign a memorandum of understanding.
- The signing is scheduled for June 19.
- The event is expected to take place in Switzerland.
- A 14-point draft of the memorandum was reviewed by Bloomberg News.
The United States and Iran are reportedly set to formally sign a memorandum of understanding on June 19 in Switzerland. Bloomberg News has reviewed a 14-point draft of this agreement. The specifics of the memorandum's content were not detailed in the provided text, but its impending formalization marks a significant diplomatic development between the two nations.