Pakistan, Nov. 4 -- The United States approved a draft memorandum of understanding that Qatari mediators presented to Iran a day ago, sources familiar with the matter said on Tuesday.

"The mediation team briefed Saudi Arabia and the UAE on the memorandum, which they also approved," the sources told Qatari newspaper Al-Araby Al-Jadeed.

The newspaper said Washington and Tehran have made concessions regarding Iran's nuclear programme and frozen assets.

"Tehran will announce a concession on its nuclear programme in return for Washington announcing the release of part of Iran's frozen assets," the sources said, noting that the announcements would be made simultaneously.

Discussions are underway on arrangements for both sides to announce th...