According to CCTV News, on the 17th local time in the United States, the US and Iran signed a memorandum of understanding remotely and it came into effect. US President Trump signed the document. Iranian Foreign Ministry spokesperson Bagai stated that the two sides will engage in negotiations on nuclear and sanctions issues within 60 days. The memorandum of understanding text shows that Iran reiterates that it will not acquire or develop nuclear weapons, and both sides agree to conduct on-site dilution of Iran's enriched uranium under the supervision of the International Atomic Energy Agency.