Pakistan PM: US-Iran peace deal expected within 24 hours

Pakistan's Prime Minister Shehbaz Sharif announced on Saturday that a peace deal between Iran and the United States is anticipated to be finalized within the next 24 hours, signaling a significant diplomatic breakthrough.

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We are closer to a peace deal than ever before.

Just a day prior, Sharif had indicated that a "final, agreed-upon" text of the peace agreement between Tehran and Washington had been achieved. He emphasized Pakistan's close collaboration with both parties to navigate the subsequent stages of the process. "We are closer to a peace deal than ever before," Sharif stated on the social platform X, adding that Pakistan is preparing for the electronic signing of the agreement, which will be followed by technical-level discussions.

Sharif extended gratitude to the United States and the Islamic Republic of Iran for their sustained commitment throughout the negotiations. He also expressed sincere appreciation to regional partners for their support, expressing confidence that this historic peace deal will lay a robust foundation for enduring peace.

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We would like to thank [the] United States of America and Islamic Republic of Iran for their ongoing commitment during the negotiations, and we extend our sincere appreciation to our brothers in the region for their support.

Iranian Foreign Minister Abbas Araghchi echoed these sentiments, referring to the potential agreement as the "Islamabad Memorandum of Understanding." He urged the press to avoid speculation until the deal is officially finalized, assuring that all details would be shared with the public in due course. This development follows a period of heightened tensions, including exchanges of strikes between Washington and Tehran earlier in the week, which were subsequently de-escalated following high-level discussions.

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We are confident that this historic peace deal will form a strong foundation for lasting peace.

The conflict reportedly began on February 28 with joint US-Israeli strikes on Iran, leading to retaliatory attacks until a ceasefire was agreed upon in April. Pakistan has been mediating these efforts, including a round of talks in Islamabad that month, though a deal was not reached at that time. The current progress suggests a potential resolution to the prolonged tensions.

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The Islamabad Memorandum of Understanding has never been closer.