Washington DC, June 15 -- Senior US administration officials said that US President Donald Trump and Vice President JD Vance have signed a memorandum of understanding (MoU) with Iran that lays out a framework for future engagement and sanctions relief linked to Tehran's cooperation on the nuclear program and regional security commitments.

Speaking about the agreement, senior administration officials said the memorandum establishes the basis for how relations between the two countries will move forward.

"We have now signed some understanding with Iran, the President and Vice President JD Vance both signed it, Speaker Goliath on the other side signed it, and the memorandum provides a few basic things," the officials said.

"The first is i...