Iran01 September, 20263 min read
Masoud Pezeshkian Says Iran Will Immediately Reciprocate If US Returns to Islamabad MoU Commitments
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Iran will immediately reciprocate if the US returns to the Islamabad/June MoU commitments. Pezeshkian announced at the SCO Summit in Bishkek readiness to de-escalate if commitments are honored.
8 outlets told this the same way.
Outlets did split on Iran Reviews US Negotiation Proposals As Pakistan And Qatar Mediate Strait Of Hormuz Dispute →
Pezeshkian sets condition
Iranian President Masoud Pezeshkian said Tehran will “immediately take reciprocal action” if the United States returns to its commitments under the “Islamabad Memorandum of Understanding,” speaking at the Shanghai Cooperation Organisation (SCO) summit in Kyrgyzstan’s capital Bishkek. Pajhwok Afghan News said Pezeshkian described the US as adhering to the agreement for less than two weeks before withdrawing from its commitments, after an agreement reached on June 18, 2026 following nearly three months of talks mediated by Pakistan and Qatar. The Express Tribune reported Pezeshkian made the same conditional pledge at the SCO summit in Bishkek, linking it to an interim deal signed in June between Tehran and Washington amid a war that started with U.S. and Israeli strikes on Iran on February 28.
The Express Tribune also said Tehran has repeatedly said it will allow free navigation through the Strait of Hormuz only if Washington implements the terms of the agreement, and it framed the remarks as coming after the first exchange of direct attacks in the US-Iran conflict since late July. Pajhwok Afghan News added that Pezeshkian described US and Israeli attacks on Iran in 2025 and 2026 as violations of the UN Charter and international law, saying military, economic and infrastructure facilities were targeted during the 40-day war.
Money and warnings
Alongside Pezeshkian’s pledge, the Express Tribune reported Iran central bank chief Abdolnasser Hemmati told Trump that “Iran has foreign currency, and it has enough,” and said the central bank was ready to inject $2 billion into the foreign exchange market. The Express Tribune said Hemmati rejected US claims of an economic collapse, adding that Iran continues to collect foreign currency revenues and receivables and has domestic reserves and other resources whose details he said cannot be disclosed. It also reported that Iran’s Armed Forces General Staff and the Khatam al-Anbiya Central Headquarters issued a joint statement warning the US had continued using the territory, airspace, and facilities of regional countries to launch strikes on Iran despite previous warnings and assurances.
In that statement, the two military bodies said Tehran respects the sovereignty of neighbouring states but “will never tolerate aggression,” warning that any further attack would draw a “much heavier” response. The Express Tribune further said the statement warned those facilitating US military action that the IRGC and Iranian army would jointly strike the source of any attack with “overwhelming force.”
SCO diplomacy and stakes
Kurdistan24 reported Pezeshkian declared on Tuesday that Iran will immediately reciprocate as soon as the United States returns to its commitments under the June 17 memorandum of understanding, framing the move as readiness to re-engage diplomatically even as the conflict entered one of its most kinetically intense single days since the MOU's expiry. Kurdistan24 said the June 17, 2026 MOU declared the immediate and permanent termination of military operations and stipulated that a final deal would be reached within 60 days, with provisions for the US to end its naval blockade within 30 days and for Iran to clear mines from the Strait of Hormuz and allow ships to pass without charge for 60 days. The same report said the MOU collapsed within weeks amid mutual accusations of violations and expired without a successor agreement on August 16, 2026, and it contrasted Pezeshkian’s conditional framing with hardline positions attributed to other Iranian officials during the day.
Mehr News Agency added that Pezeshkian said the aggression began with the killing of 168 students and teachers at a school in Minab and an attack on a sports hall in Lamerd that killed and wounded 200 people on the first day of the 40-day war. Mehr News Agency quoted Pezeshkian saying, “if the United States returns to its commitments in the memorandum of understanding, the Islamic Republic of Iran will immediately reciprocate,” while also describing proposals for SCO economic initiatives including an SCO bank and an export insurance and investment union.