Iranian Foreign Minister Abbas Araghchi has announced Iran will agree to a ceasefire "if attacks against Iran are halted", APA reports citing CNN.
He continues "for a period of two weeks, safe passage through the Strait of Hormuz will be possible".
This will take place "via co-ordination with Iran's Armed Forces and with due consideration of technical limitations", he says.
Here is the 10-point plan, according to an Iranian state broadcaster:
- Complete cessation of the war on Iraq, Lebanon, and Yemen
- Complete and permanent cessation of the war on Iran with no time limit
- Ending all conflicts in the region in their entirety
- Reopening the Strait of Hormuz
- Establishing a protocol and conditions to ensure freedom and security of navigation in the Strait of Hormuz
- Full payment of compensation for reconstruction costs to Iran
- Full commitment to lifting sanctions on Iran
- Release of Iranian funds and frozen assets held by the United States
- Iran fully commits to not seeking possession of any nuclear weapons
- Immediate ceasefire takes effect on all fronts immediately upon approval of the above conditions
