India, June 17 -- The Iran and the United States have agreed to a memorandum of understanding to end more than 3 months of war, that will put an end to the fighting in West Asia. The deal will be formally signed in Switzerland on Friday.

The 14-point memorandum of understanding, though not officially announced, mentions the war in Lebanon, Strait of Hormuz, and other contesting issues. Here is all you need to know about the proposed deal:

1 - The Islamic Republic of Iran and the United States, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile...