US and Iranian negotiators are meeting in Doha, Qatar, for indirect talks facilitated by Qatari mediators. The discussions focus on a memorandum of understanding and building on existing progress to reach a final deal.
These talks are based on a 14-point interim accord signed in June that was intended to halt the war. Two primary pillars of the initial agreement being discussed are financial incentives for Iran and the status of the Strait of Hormuz.
Iran's Deputy FM Gharibabadi stated that a portion of $6 billion in frozen assets would be used to buy goods that Tehran needs. Regarding the Strait of Hormuz, where ship traffic has risen, Iran remains determined to win international recognition of its control over the waterway.
Despite the ongoing negotiations, Tehran and Washington remain far apart on key issues. Current developments indicate that the two sides are still distant regarding key pillars of the initial framework.