Tehran: Iran's Supreme National Security Council (SNSC) has announced that, according to the Islamabad Memorandum of Understanding (MoU), ships will pay no fees for passage through the Strait of Hormuz for the next 60 days. The SNSC issued a statement late on Thursday announcing that applicants for passage through the Strait of Hormuz will not pay any fees for 60 days, and the administration of the Islamic Republic of Iran will cover these costs.

According to Islamic Republic News Agency, the Persian Gulf Waterway Authority has been directed to process and prioritize requests promptly to meet the objectives of the Islamabad MoU. The statement further noted that, given the special conditions and the existence of some safety dangers on the passage route, and due to the need to ensure safe traffic and prevent maritime accidents, ships must pass on the route and at the time announced to them so that the possibility of traffic can gradually increase.

The operational arrangements and technical details of the passage through the Strait of Hormuz will be announced by the Persian Gulf Waterway Authority. Additionally, it was emphasized that necessary measures regarding other issues, such as mine clearance, will be undertaken in accordance with paragraph 5 of the MoU.