Iran has said its expected memorandum of understanding with the United States does not mean Tehran will forget what it describes as wartime losses or alleged violations committed during the recent conflict.

The Iran U.S. memorandum is expected to be signed in Geneva on Friday, according to Iranian Foreign Ministry spokesperson Esmaeil Baghaei. He said the agreement includes issues related to the return of Iran’s frozen assets and compensation for damage caused during U.S. and Israeli military actions. International reports have also said the proposed agreement is aimed at ending hostilities and reopening the Strait of Hormuz.

Speaking at a press conference, Baghaei said Iranian delegations would visit regional and neighbouring countries before the signing. He said the signing mechanism would be finalised shortly before an official announcement. Reuters reported that Iran has also said Lebanon is included in the draft peace framework.

Baghaei said the Iranian people supported the government and armed forces during the 110-day conflict and showed what he called resilience during the crisis. He said Iran would not forget the sacrifices of its leadership, military commanders and civilians.

The Iranian spokesperson accused Israel of continuing military action in Lebanon and Palestine and said international institutions had failed to stop Israeli operations or condemn U.S. and Israeli attacks on Iran.

Baghaei said Iran has always preferred dialogue and diplomacy, but added that reaching an agreement does not mean Tehran will overlook its losses or alleged wartime violations.

He said the recovery of Iran’s frozen assets abroad and compensation for war-related damages were important parts of the negotiations. He said Iran considered these demands legitimate.

According to Baghaei, the memorandum also includes provisions related to Lebanon and respect for Lebanon’s sovereignty and security. He said implementation of the agreement would be closely monitored, particularly in light of Iran’s allegations that Israel continued attacks in Lebanon despite the ceasefire.

Baghaei said Oman would assist efforts to secure maritime passage through the Strait of Hormuz, with consultations also expected with other relevant parties.

He said Iran’s position remained that ships passing through the Strait of Hormuz would not be charged a toll.

The Iranian spokesperson said the final procedure for signing the memorandum would be settled within one or two days. He added that the United States still had a long way to go to regain the trust of the Iranian people, while saying Iran would abide by the agreement.

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