As a part of its force accretion plan, the Indian Navy is scheduled to commission three indigenously built frontline warships – Dunagiri, Sanshodhak and Agray – in Kolkata on June 21.

The ceremony will be presided over by the Prime Minister Narendra Modi. This is the second time this year that the Navy will commission three frontline platforms in a day. On January 15 this year, the Navy had commissioned warships INS Surat and INS Nilgri besides the submarine INS Vagsheer.

Ahe Indian Navy has set itself on course to commission 19 warships in 2026, making it the biggest force accretion done in a year. In 2025, the Navy commissioned 14 vessels, including a submarine.

Sanshodhak.

Collectively, it would mean 33 ships would be commissioned in span of 24 months – January 2025 and December 2026. Sources said this production tempo is unprecedented history and demonstrates the maturity of domestic shipbuilding ecosystem.

This year would be the peak of expansion for the Navy in a year.

The three warships to be commissioned on June 21 have been designed by the Indian Navy’s Warship Design Bureau and constructed by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata.

The vessels represent key operational capabilities across maritime combat, hydrographic surveying and anti-submarine warfare. Together, they reflect the Navy’s balanced approach to capability development, strengthening blue-water operations, enhancing maritime domain awareness and securing coastal waters against evolving threats.

Dunagiri, the fifth ship of INS Niligri class stealth frigates, is equipped with advanced weapons and sensors, including BrahMos surface-to-surface missiles and the Medium Range Surface-to-Air Missile system, significantly enhancing the Navy’s combat capability.

Agray.

Sanshodhak, the fourth Survey Vessel (Large), is designed for coastal and deep-water hydrographic surveys and collection of oceanographic and geophysical data for defence and civil applications, and is equipped with advanced survey systems, including Autonomous Underwater Vehicles and Remotely Operated Vehicles. Three ships of this type have been commissioned in the past two years, INS Sandhayak, INS Nirdeshak and INS Iksha.

Agray, the fourth of the Arnala-class Anti-Submarine Warfare Shallow Water Craft, is equipped with lightweight torpedoes, indigenous rocket launchers and shallow-water sonar systems to detect and engage underwater threats in littoral waters.

The three platforms demonstrate the growing maturity of India’s indigenous shipbuilding ecosystem, with indigenous content exceeding 75 per cent. Their construction involved extensive participation by Indian industry, including more than 200 MSMEs, and generated substantial direct and indirect employment.

The commissioning of these vessels highlights the collaborative efforts of the Government of India, the Indian Navy, public sector shipyards, private industry and MSMEs in advancing the objectives of Aatmanirbhar Bharat and strengthening India’s maritime capabilities.

The Indian Air Force will acquire nine ‘Jaguar’ retired fighter jets from the United Kingdom to be used as a source for spare parts and reusable sub-assemblies.

Sources in the IAF confirmed the move to acquire nine such planes from UK.

The Jaguar jet was originally produced by an Anglo-French partnership in the 1960s during the Cold War as a ‘deep penetration strike aircraft’. The plane is not produced anymore. The IAF, with almost 120 such jets in its fleet, is the only force to be flying the twin-engined Jaguar. The IAF has begun inducting in 1979 and the jet continues to equip squadrons at Ambala, Gorakhpur and Jamnagar, the last one being in a maritime strike role.

This is not the first time that such an import is being done to ensure that the Jaguar keeps flying. Earlier, batches of retired planes were imported from France, Oman and the UK, all of which had withdrawn the fighter. In 2018, France gifted 31 retired Jaguar airframes, along with associated engines and assorted spares, to the IAF at no cost.  

Last year, India and Oman formalised an agreement to transfer over 20 retired Jaguars that were decommissioned by the Royal Air Force of Oman. These aircraft have flown for fewer operational hours, their components are in good shape.

The spare parts are used to overcome shortages of parts like landing gears, hydraulics, avionics and the Rolls-Royce Adour engines. The IAF ‘cannibalises’ the imported planes for spare parts.

In the past decade or so, half of the Jaguar fleet was upgraded to meet modern operational standards, while the other half was found to be ‘too old’ to be invested in and these will start retiring from 2028.

The upgraded ones have an Israeli  active electronically scanned array (AESA) radars. This allows the Jaguar to track multiple aerial and ground targets simultaneously, map terrains with extreme resolution, and perform advanced electronic jamming.  Also the entire fleet underwent a change as the cluster of dial indicators had been replaced with dual Multi-Function Displays (MFDs), an Engine and Flight Instrument System (EFIS), and an advanced Head-Up Display (HUD) by Israel’s Elbit Systems. 

The additions included electronic warfare suite (D-JAG), including an integrated electronic warfare system featuring modern radar warning receivers (RWR), electronic countermeasures (ECM), and jamming pods to protect the low-flying jet from enemy air defence networks. 

The ammunition included a Harpoon missile for maritime roles and other precision munitions on variants that hit at targets on land.

The IAF also attempted a multi-billion-dollar project to replace the aging, underpowered Rolls-Royce Adour engines with Honeywell F-125N engines, but the plan was dropped due to high costs, meaning the upgraded Jaguars still fly on their original powerplants.

Instead of installing brand-new engines, the IAF shifted its approach to a combination of maintenance optimisation and opted for a lower-cost alternative with Rolls-Royce to partially “refurbish” the original Adour Mk 811 engines.

State Home Secretary Shailesh Bagauli says instructions have been issued to the Inspector General of Police (Garhwal) to conduct a fair and transparent investigation

The Uttarakhand government on Saturday ordered an inquiry into the recent dispute in Karnaprayag, Chamoli district, between Nihang Sikh pilgrims returning from Hemkund and locals, officials said.

State Home Secretary Shailesh Bagauli said here that instructions had been issued to the Inspector General of Police (Garhwal) to conduct a fair and transparent investigation into the matter. He said action would be taken based on facts after hearing all parties involved.

Bagauli mentioned that a status report on the incident had been sought from the Additional Director General of Police (Law and Order).

He said it would be inappropriate to frame the matter as a religious dispute, and action would be taken against those trying to give the incident a communal colour.

He also appealed to all pilgrims, locals, and parties concerned to maintain restraint and to rely on the legal mechanisms established by the administration and the police in case of any grievance or dispute.

On June 16, a dispute arose between some Nihang Sikh pilgrims, returning after paying obeisance at the Sri Hemkund Sahib Gurdwara, and locals in Karnaprayag market over parking a vehicle near a hotel. Subsequently, the pilgrims allegedly attacked people with swords, injuring four individuals. A Sikh pilgrim was also injured.

Later, four Sikh pilgrims hailing from Mohali district in Punjab were arrested.

Meanwhile, in view of a call for demonstration by a community in Karnaprayag on Sunday, the administration has imposed Section 163 of the Bharatiya Nagarik Suraksha Sanhita in the area. The order will remain in effect until June 27.

GLIMPSE OF UPDATES

The generals’ sons: Next Army chief Dhiraj Seth joins elite club of second-gen military leaders

Army orders court of inquiry into Jalandhar medical supplies depot over procurement irregularities

Three Chiefs, one regiment: 2nd Lancers’ rare Army honour

GOC White Knight Corps reviews security scenario along LoC in Rajouri district

Transcript of Iran-US deal: What the document says

US, Iran sign initial deal to end war; ease sanctions, open strait as nuclear talks continue

India’s domestic defence manufacturing touches record Rs 1.78 lakh crore

Sikh caretaker couple killed in firing at gurdwara in Pakistan

1. Prachand LCH Fires Helina Missile: The Prachand Light Combat Helicopter (LCH) successfully carried out a live firing of the 7 km range Helina anti-tank guided missile, validating the helicopter’s precision capability against heavy armor targets.
4. Tejas Mk1A Dual ASRAAM Setup: During a high-level visit by the Chief of Integrated Defence Staff to HAL’s aircraft division in Bengaluru, a Tejas Mk1A fighter jet was showcased featuring a specialized dual ASRAAM missile launcher configuration.
6. MTA RFP to Launch in 3 Months: The Indian Air Force is in the final stages of cementing the Request for Proposal (RFP) for its long-awaited Medium Transport Aircraft (MTA) program, with the tender expected to be issued to global contenders within the next 3 months.
9. Pakistan Deploys US Radar at Kirana Hills: Satellite imagery reveals that Pakistan has deployed a US-supplied Lockheed Martin TPS-77 long-range surveillance radar at Kirana Hills, giving them a 450 km deep airspace detection look.
11. Zen Technologies Unveils ‘Vrishabha’ UGV: Zen Technologies officially unveiled the Vrishabha Unmanned Ground Vehicle (UGV). The tactical platform is engineered to support troops via automated combat logistics, casualty evacuation, and raw combat support.

1. ₹151 Crore Grant for Heavy-Lift ‘Yeti’ Drone: ideaForge received a ₹151 crore financial grant under the Research Development and Innovation scheme to fast-track development of its ‘Yeti’ heavy-lift, long-range autonomous logistics drone.
3. Abhay Multi-Role UCAV Prototype: Bengaluru-based Tana Drone Systems showcased a full-scale prototype of its Abhay multi-role combat UCAV, built to execute electronic warfare, coordinated swarm attacks, precision strike missions, and Manned-Unmanned Teaming (MUM-T) roles.
4. GTRE & Rolls-Royce Adaptive Engine Talks: India’s Gas Turbine Research Establishment (GTRE) is exploring deep strategic partnerships with Rolls-Royce for future propulsion systems, including advanced Adaptive Cycle Engines. This propulsion technology is deemed absolutely vital for 6th-generation fighters to generate the massive electrical power required to operate heavy sensors, EW packages, laser systems, and directed energy weapons.
6. Ship-Launched Anti-Ship LRLACM Underway: India’s 1,500 km Long-Range Land Attack Cruise Missile (LRLACM) program is officially expanding to integrate a naval ship-launched anti-ship variant. Severe developmental testing is scheduled to intensify in 2027. The naval variant is cleverly engineered to leverage the Indian Navy’s existing Universal Vertical Launch Module (UVLM) infrastructure for seamless warship integration.
8. Hypersonic Wave-Rider Missile Configurations: DRDO scientists are analyzing methods to adapt extended-trajectory, long-duration cruise missile technology into an advanced air-launched configuration for the IAF. The missile will sport a state-of-the-art Wave-Rider aerodynamic design, allowing it to ride its own compression waves to maximize lift, reduce drag, and optimize fuel efficiency. It will utilize a dual-mode Ramjet/Scramjet engine where a solid booster accelerates the weapon to Mach 3 before the engine smoothly transitions to Scramjet mode to lock down a sustained cruise velocity exceeding Mach 5.

India-France Equal 6th-Gen Fighter Pact Pitched: Following the total collapse of the Franco-German-Spanish FCAS program, a dedicated India-France 6th-generation fighter project is rapidly materializing. Minister-level talks have already wrapped up, with France offering India an equal partnership model backed by extensive transfer of technology (ToT) and localized manufacturing under the Make in India initiative.

NEW DELHI: The government’s appointment of Lieutenant General Dhiraj Seth as the next Chief of the Army Staff has added another chapter to a long tradition of military families whose members have risen to the highest ranks of India’s armed forces.For Lieutenant General Krishna Mohan Seth, the announcement would have been a particularly proud moment. His son, Dhiraj Seth, is set to take over as the Army chief, while his younger son, Rear Admiral Ravnish Seth, serves in the Indian Navy. The family’s military legacy runs deep: both father and son commanded the Bhopal-based 21 Corps, one of the Army’s key strike formations.The Seths are not alone. The history of India’s armed forces is replete with families that have produced senior military leaders across generations, with several fathers and sons even commanding the same formations.The tradition can be traced back to independent India’s first Commander-in-Chief, General (later Field Marshal) Kodandera Madappa Cariappa. His son, Air Marshal Krishnaswamy Cariappa, went on to become one of the Indian Air Force‘s most distinguished officers and eventually commanded the South Western Air Command.Air Marshal Cariappa’s career is remembered for a dramatic episode during the 1965 India-Pakistan war, when his Hunter aircraft was shot down over Pakistan and he was taken prisoner.

Then Pakistani president Ayub Khan reportedly offered to release him as a special gesture to his father. Field Marshal Cariappa famously declined, saying, “The POWs are all my sons. Look after them well.”Another prominent example is General Ved Prakash Malik, who led the Army during the 1999 Kargil conflict. His son, Major General Sachin Malik, is a serving officer in the Indian Army. Both father and son commanded the prestigious 8th Mountain Division.India’s first Chief of Defence Staff, General Bipin Rawat, also followed a path laid down by his father, Lieutenant General Lakshman Singh Rawat. Significantly, both officers commanded the 19 Infantry Division based in Baramulla, a formation that has long played a critical role in operations in Jammu and Kashmir.Bihar Governor Lieutenant General Syed Ata Hasnain (Retd. ), one of the Army’s most respected counter-insurgency commanders and a former chief of the Srinagar-based 15 Corps, is the son of Major General Syed Mahdi Hasnain.Military legacies are not confined to the Army. Vice Admiral Sanjay Jasjit Singh, who commanded the Western Fleet during Operation Sindoor, is the son of Air Commodore Jasjit Singh, a decorated fighter pilot who received the Vir Chakra for gallantry during the 1971 war and was later awarded the Padma Bhushan.Similarly, Admiral Madhvendra Singh, who served as Chief of the Naval Staff from 2001 to 2004, was the son of Major General K Bhagwati Singh.This aspect of the armed forces reflect a rich legacy, where successive generations have risen to senior leadership roles across the Army, Navy, and Air Force. Several officers have followed similar career paths, often commanding the same formations as their parent. This pattern highlights the enduring culture of service and professional excellence that shapes the higher ranks of the military.About the AuthorTOI News Desk

The TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. The TOI News Desk is your trusted source for staying informed and connected to the ever-evolving global landscape, ensuring that our readers are equipped with the latest developments that matter most.”Read More

The officer had alleged that orders worth several crores were placed on various dealers, but in many cases either the supplies were not received on ground, the brands were different, or the prescribed procedure was not followed

The Army has ordered a court of inquiry (COI) to investigate allegations of irregularities in the procurement and distribution of medical supplies by an Armed Forces Medical Supplies Depot located in Jalandhar.

The COI, convened under the aegis of Headquarters 11 Corps, followed written complaints sent to higher authorities by an Army Medical Corps officer.

The officer had alleged that orders worth several crores were placed on various dealers, but in many cases either the supplies were not received on ground, the brands were different, or the prescribed procedure was not followed.

According to the convening order issued by HQ 91 Sub Area, a Brigadier has been appointed at the COI’s presiding officer, with two other Colonels and a pharmacist as members.

The COI’s terms of reference are to investigate and collect evidence regarding the alleged violations of procurement policies and accounting, and variations in prices between the rate contract and emergent procurement rates.

With Lt Gen Dhiraj Seth’s elevation, Gardner’s Horse becomes the only unit to have produced three Army Chiefs, a record unmatched in Indian military history

Among the oldest and most highly decorated armoured regiments of the Indian Army, 2nd Lancers has the unique distinction of being the parent unit of three Chiefs of the Army Staff – the highest number for any unit.

The Army Chief designate, Lt Gen Dhiraj Seth, scheduled to take over the reins of the Indian Army on June 30, was commissioned into this regiment in December 1986, though he later commanded 1st Horse.

Earlier, Gen Maharaj Rajendrasinhji Jadeja, the first Chief from the Armoured Corps who held office from January 1952 to May 1955, was posted to the regiment when he joined the Indian Army about a year after his commissioning from the Royal Military College, Sandhurst in 1921, where he had been placed on the Unattached List for the Indian Army and seconded to a British Infantry regiment. At that time post-commission attachment of Indian officers with a British unit for about a year was mandatory. As a Lieutenant Colonel, Gen Jadeja commanded 2nd Lancers.

Gen Bipin Chandra Joshi, Army Chief from July 1993 to November 1994 when he died in harness, was commissioned into 2nd Lancers in December 1954, though he later commanded 64 Cavalry in the western theatre during the 1971 India-Pakistan war.

In the Armoured Corps, as also in some other arms like the Artillery and Engineers, a ‘regiment’ is the equivalent of an Infantry battalion, commanded by an officer of the rank of Colonel. In the Infantry, the term regiment denotes a group of battalions based on a particular caste, religious or regional composition, such as the Punjab Regiment, Jat Regiment, Garhwal Rifles, Gorkha Riles, Maratha Light Infantry and Assam Regiment. Each such regiment has a number of battalions which are placed under different operational formations.

A few Army Chiefs have belonged to the same combat Arm or Infantry regiment, but instances of more than one Chiefs having affiliation to the same unit are rare. Gen KV Krishna Rao and Gen Krishnaswamy Sundarji, both from the Mahar Regiment, served initially with the regiment’s 2nd Battalion but went on to command the 3rd and 1st Battalion, respectively.

The 16th Light Cavalry, India’s oldest armoured regiment that was raised in 1776, is associated with two Chiefs – Gen Jayanto Nath Chaudhuri and Gen Vishwa Nath Sharma. Gen Chaudhuri had initially joined the 7th Light Cavalry and later commanded the 16th, whereas Gen Sharma was commissioned into the 16th and later commander 66 Armoured Regiment.

The Kumaon Regiment is associated with three Chiefs. Gen General Satyawant Mallannah Shrinagesh and General Kodendera Subayya Thimayya had joined the 4th Battalion of the 19th Hyderabad Regiment in the erstwhile British Indian Army, which after Independence was merged into the Kumaon Regiment and is now its 4th Battalion. Gen Tapishwar Narain Raina initially served with different battalions of the 19th Hyderabad Regiment and later commanded 14 Kumaon.

On the other hand, the Sikh Light Infantry, for example, has produced three Army Chiefs – Gen VP Malik, Gen Bikram Singh and Gen MM Naravane, but they are from different battalions of the regiment.

Now having shot into prominence with the announcement of Gen Upendra Dwivedi’s successor, 2nd Lancers, also known as Gardner’s Horse after William Linnæus Gardner, a British officer who had raised it in 1809 at Farukhabad in Uttar Pradesh, was formed by the amalgamation of two of the oldest regiments of the East India Company’s Bengal Army – the 2nd Royal Lancers and the 4th Cavalry.

After initial policing duties in occupied territories around Agra, the regiment first saw active service in 1815 during the Anglo-Nepalese War, and till the outbreak of the First World War, was engaged in campaigns in Punjab, Bengal, Multan and Egypt.

It deployed to France during the First World War, where it was involved in the Battle of the Somme, Battle of Bazentin, Battle of Flers-Courcelette, the Advance to the Hindenburg Line and the Battle of Cambrai. It was on the Western Front that Lance-Daffadar Gobind Singh from the 27th Light Cavalry, attached to the 2nd Lancers, was awarded the Regiment’s only Victoria Cross for gallantry.

In 1918, the Regiment moved to Egypt, conducting several operations in Palestine, Israel, Jordan, Syria and other areas of West Asia, before finally landing back in India in December 1920. World War-II saw the regiment back in Africa, serving in the Western Desert campaign as part of the 3rd Indian Motor Brigade under the 7th Armoured Division against the Axis attacks, and also deputing troops for the Indian Long Range Squadron formed to patrol the borders between the Soviet Union and Persia and Afghanistan.

On returning to India in January 1943, 2nd Lancers was converted to an armoured car regiment. In October, Lt Col Jadeja became the first Indian officer to take command of the Regiment, and also became the first Indian to command an armoured regiment.

Post-Independence, 2nd Lancers took part in the Indo-Pakistani War of 1965 as part of the 1st Armoured Division. The regiment was then equipped with American M-4 Sherman tanks and fought in the Battle of Phillora and the Battle of Chawinda, for which it was awarded the Battle Honour Punjab.

In August 1966, the Regiment was the first unit in the Army to be equipped with the Vijayanta, the first indigenously built tank that had played a crucial role in the 1971 India-Pakistan War. The Regiment currently operates the Soviet-origin T-72 tanks.

2nd Lancers is the only Indian Army regiment that has an affiliation with British Army’s Royal Tank Regiment (RTR), the world’s oldest armoured establishment that was formed in 1916 during the First World War.

According to the RTR website, the affiliation, a fraternal and ceremonial relationship based on shared history and traditions, was formed in 1973. Besides India, armoured or cavalry regiments from Canada, Australia, New Zealand, France and Pakistan are similarly affiliated. The current British monarch, King Charles III, is the Colonel-in-Chief of the RTR.

The visit comes amid intelligence inputs suggesting that terrorists from across the border may attempt to infiltrate through the International Border and the LoC

A day after four soldiers were injured in an accidental grenade blast near the Line of Control (LoC) in the Nowshera sector of Rajouri district, General Officer Commanding (GOC) of the Nagrota-based White Knight Corps, Lt Gen PK Mishra, visited the area to review the operational preparedness of troops.

In a statement, the White Knight Corps said the Corps Commander, accompanied by the GOC of the Ace of Spades Division, visited forward areas in the Nowshera sector to assess the prevailing security situation and evaluate the combat effectiveness of troops deployed along the LoC.

“During the visit, he was briefed on force posture, surveillance measures and ongoing initiatives aimed at strengthening operational capabilities in the sector. Interacting with troops at forward locations, the Corps Commander lauded their steadfast commitment, high morale and unwavering vigilance in safeguarding the nation’s frontiers,” the statement said.

The visit comes amid intelligence inputs suggesting that terrorists from across the border may attempt to infiltrate through the International Border and the LoC in various districts of Jammu and Kashmir. Rajouri and Poonch, owing to their challenging terrain, remain areas of heightened concern for security agencies.

According to intelligence reports, terror outfits have established multiple launch pads in Pakistan-occupied Jammu and Kashmir to facilitate infiltration through mountainous routes. While several terror camps and launch pads near the LoC were destroyed during Operation Sindoor last year, officials said many have since been re-established and are again being used to support infiltration attempts.

Meanwhile, search operations in the Gambhir Mughlan forest area of Manjakote in Rajouri entered their 26th day on Wednesday. Security forces continue extensive searches for a group of terrorists believed to be hiding in the forest. Senior Army commanders are closely monitoring the operation amid credible inputs indicating the militants remain in the area.

Sources said the J&K Police are also questioning over ground workers in the region to ascertain whether any hideouts exist inside the forest where the terrorists could be taking shelter.

The officials speak on condition of anonymity to read the deal before a formal signing ceremony set for Friday; Iranian state TV

Senior US officials on Wednesday read the memorandum of understanding with Iran to journalists after days of secrecy over what is in the document.

The officials spoke on condition of anonymity to read the deal before a formal signing ceremony set for Friday. Iranian state TV later released the text that largely tracked what the US put out.

Pakistani Prime Minister Shehbaz Sharif, whose country has been mediating between the sides, later said the leaders of the US and Iran had signed the deal and it “shall enter into force with immediate effect”.

Here is what is in the deal

1. The United States of America and the Islamic Republic of Iran and their allies in the current war by signing this MOU declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other and to refrain from the threat or use of force against each other and ensuring the territorial integrity and sovereignty of Lebanon.

The final deal will confirm the permanent termination of the war on all fronts including in Lebanon and other provisions of this paragraph.

The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.

2. The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days extendable with mutual consent.
3. Immediately upon the signing of this MOU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran and will fully end the naval blockade within 30 days.  During this period, the traffic of vessels will be in proportion to the numbers of prewar traffic being restored by the Islamic Republic of Iran.

The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final deal.

5. Upon the signing of this MOU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa.

The traffic of commercial vessels will immediately start and, considering the needs for removing the technical and military obstacles and demining by the Islamic Republic of Iran, will be instated within 30 days.

The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz in discussion with other Persian Gulf littoral states in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.

6. The United States of America undertakes with regional partners to develop a definitive mutually agreed plan with at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of Iran.

The mechanism for the implementation of this plan will be finalised as part of a final deal within 60 days.

All required licences, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America.

7. The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions and all unilateral US sanctions, primary and secondary, in an agreed upon schedule as part of the final deal.

The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

8. The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons.

The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpile enriched material pursuant to a mechanism that will be mutually agreed upon in accordance with the schedule mentioned in Paragraph 7 with the minimum methodology to be downblending on site under the supervision of the IAEA.

The two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final deal.

The final deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned and express their intention to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

9. Pending the final deal, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic will maintain the current status quo of its nuclear programme and the United States of America will not impose any new sanctions and will not deploy additional forces in the region.
10. The United States of America undertakes that immediately upon the signing of this MOU and until the termination of sanctions the US Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives and all associated services including banking transactions, insurances, transportation, etc.
11. The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MOU.

The United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations.

Such funds, whether retained in the original account or transferred shall be made fully usable for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran.

The United States of America undertakes to issue all necessary licences and authorisations accordingly.

12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MOU and the future compliance of the final deal.
13. After signing this MOU and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10 and 11 of this MOU, and the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final deal exclusively on the other paragraphs.
14. The final deal will be endorsed by binding UNSC resolution.