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Pakistan: US, Iran Peace Deal Expected Within 24 Hours
๐Ÿ‡ต๐Ÿ‡พ Paraguay /Conflict & Security

Pakistan: US, Iran Peace Deal Expected Within 24 Hours

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Pakistan's Prime Minister Shehbaz Sharif announced that the US and Iran are nearing a peace agreement, expected to be signed electronically within 24 hours.
  • The agreement reportedly includes the release of frozen Iranian assets, lifting of sanctions on the Strait of Hormuz, and an end to hostilities.
  • Both nations confirmed the deal is close, though recent incidents in the Strait of Hormuz highlight ongoing tensions.

Pakistan's Prime Minister Shehbaz Sharif announced that the United States and Iran are closer than ever to finalizing a peace agreement, with an electronic signing anticipated within the next 24 hours. Sharif expressed confidence that the pact would usher in lasting peace.

"We are closer than ever to a peace agreement. With the probable finalization planned for the next 24 hours, Pakistan is preparing for the electronic signing of the peace agreement immediately afterward, followed by technical talks next week," Sharif stated on X. He extended gratitude to both the U.S. and Iran for their continuous commitment during negotiations and acknowledged regional allies for their support.

This imminent breakthrough follows Sharif's earlier confirmation of a "definitive and consensual text" reached between Washington and Tehran. The Pakistani government's confirmation of a virtual process aligns with statements from Iran's Foreign Minister, Abbas Araghchi. According to Araghchi, the agreement comprises two main parts: the release of Iranian assets frozen abroad and the lifting of U.S. and Iranian blockades on the Strait of Hormuz, alongside a cessation of hostilities on all fronts, including Lebanon.

We are closer than ever to a peace agreement. With the probable finalization planned for the next 24 hours, Pakistan is preparing for the electronic signing of the peace agreement immediately afterward, followed by technical talks next week.

โ€” Shehbaz SharifAnnouncing the imminent peace deal between the US and Iran.

While Araghchi declared Iran the "winner of the war" on state television, the U.S. administration, also confirming the deal's proximity, expressed confidence in achieving its "main objectives," including reopening the Strait of Hormuz and laying the groundwork for dismantling Iran's nuclear program.

Despite the apparent imminence of the signing, recent events underscore the fragile situation. The Iranian navy reported an attack on a vessel attempting to cross the Strait of Hormuz without authorization, while the U.S. denounced drone launches by Tehran in the strategic waterway, which previously handled 20% of global oil transit before the conflict.

Iran is the winner of the war.

โ€” Abbas AraghchiStating Iran's perceived outcome of the conflict.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.