World June 17, 2026 01:41 PM

U.S. Official Says Both Sides Can Still Withdraw From Iran Memorandum; Sequencing Will Be Central in Switzerland Talks

Senior U.S. official stresses the need to clarify the order of steps in a 14-point preliminary accord as parties prepare to sign in Switzerland

By Nina Shah
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A senior U.S. official said both Iran and the United States retain the option to walk away from a 14-point memorandum of understanding slated for signature on Friday, and that forthcoming talks in Switzerland are likely to concentrate on the precise sequencing of steps outlined in the preliminary accord. The official, speaking anonymously, read out the document and described the upcoming meeting as critical to determining whether the memorandum can develop into a comprehensive agreement.

U.S. Official Says Both Sides Can Still Withdraw From Iran Memorandum; Sequencing Will Be Central in Switzerland Talks
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Key Points

  • Both Iran and the United States retain the right to withdraw from the 14-point memorandum of understanding scheduled for signature on Friday - sectors to watch include diplomacy and international relations.
  • Negotiators are expected to focus on the precise sequencing of the steps outlined in the preliminary accord; procedural sequencing will be central to whether the memorandum evolves into a comprehensive agreement - sectors to watch include global energy markets and financial markets for policy-sensitive reactions.
  • A senior U.S. official, speaking anonymously, read out the 14-point document and described the upcoming meeting in Switzerland as critical to advancing to the next phase of negotiations - this underscores the importance of the Switzerland talks for diplomatic progress.

WASHINGTON, June 17 - A senior U.S. official told reporters on Wednesday that both Iran and the United States can choose to withdraw from a memorandum of understanding that is due to be signed on Friday, and that the immediate focus for negotiators will be on the exact sequencing of the actions set out in the preliminary accord.

Speaking on condition of anonymity, the official provided reporters with a readout of the 14-point memorandum that is scheduled for formal signing in Switzerland. The official said the meeting in Switzerland will be "critical" to determining whether the memorandum of understanding can progress into a comprehensive agreement.

"I think the meeting in Switzerland will be quite critical in order to really see how we get to the next phase," the senior U.S. official said.

According to the official's readout, the document consists of 14 points outlining steps to be taken by the parties. The official also noted that the version presented resembled a 14-point memorandum that had been reported earlier in the day by various media outlets.

The account emphasized two procedural elements: first, that either party may at any point choose to step away from the memorandum; and second, that the forthcoming talks are likely to concentrate on determining the order in which the steps previewed in the memorandum would be implemented. The official framed the Switzerland meeting as pivotal to the negotiation process, with its outcomes shaping whether the preliminary accord can be converted into a broader, more comprehensive agreement.

The official's remarks did not include further specifics about the content of the individual points beyond their number, nor did they provide additional timelines beyond the scheduled signing on Friday. Observers were told only that the sequencing of measures will be a likely topic at the upcoming meeting.


Contextual note: The official's statement centered on process and sequencing rather than on new commitments or detailed operational steps. The announcement stressed the provisional nature of the memorandum and the significance of the Switzerland meeting in moving negotiations forward.

Risks

  • Either party may choose to walk away from the memorandum before or after the scheduled signing, creating uncertainty for diplomatic outcomes - impacts could affect diplomatic relations and investor sentiment in related markets.
  • Lack of agreement on the sequencing of steps could prevent the memorandum from developing into a comprehensive agreement, prolonging uncertainty - potential knock-on effects include volatility in sectors sensitive to geopolitical developments such as energy and financial markets.
  • Limited publicly available detail beyond the 14-point count and the emphasis on sequencing leaves open uncertainty about next steps and timelines, constraining market and policy planning.

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