The source close to Iran’s negotiating team told Tasnim on Wednesday that the text being circulated by Bloomberg as the full text of the Iran-US memorandum (the Islamabad Understanding) is inaccurate and contains numerous deficiencies.

“As previously announced, the memorandum consists of 14 clauses, and the subjects covered by those 14 clauses have been discussed repeatedly in the media. However, the details presented by Bloomberg regarding each clause are, in many significant respects, incomplete,” the source said.

“For instance, the first clause and the clause concerning the Strait of Hormuz, as presented by Bloomberg, are clearly inaccurate and omit several important key terms,” the source explained.

The source further noted that, based on the agreement between the parties, the text of the MoU will be published after it is signed on Friday, June 19.