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Iran's Foreign Ministry said on May 30 that exchanges with the United States were continuing and that a memorandum of understanding had not yet been finalised, according to reports.
Iran's Foreign Ministry said on May 30 that exchanges with the United States were continuing and that a memorandum of understanding had not yet been finalised, according to reports.
The mention of a memorandum indicated that the sides were working on a written framework, a step short of a full agreement.
A memorandum of understanding usually sets out principles and a sequence of steps, leaving details to later negotiation.
Once a memorandum is signed, its published text is the key document to read. It shows which issues have been settled and which have been deferred.
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