KATHMANDU: A US-Iran peace deal is set to be signed this Friday, following an announcement by US President Donald Trump. Tehran has also confirmed plans to formally end hostilities after more than 100 days of conflict.
The agreement marks a potential ceasefire between the two sides and includes the reopening of the Strait of Hormuz. It also signals the removal of the US naval blockade, according to statements shared by US officials.
Reports suggest the deal was facilitated through mediation involving Pakistan and Qatar. Both countries played a key role in last-minute negotiations before the announcement.
Iran’s deputy foreign minister confirmed that an immediate and permanent end to military operations is expected. He also said further negotiations on a final agreement will continue over a 60-day period.
The draft agreement reportedly includes the lifting of sanctions on oil trade, the release of frozen Iranian assets, and commitments to reduce military tensions in the region.
A formal signing ceremony is expected to take place in Switzerland on June 19. Technical talks between the two sides will continue ahead of the event.
The development is being seen as a major step towards stabilizing tensions in the Middle East after months of conflict.
