Pakistan says final text of US-Iran peace deal agreed

ISLAMABAD: Prime Minister Shehbaz Sharif announced on Friday that the final text of a proposed peace deal between the United States and Iran had been agreed upon, describing the development as a major breakthrough in efforts to end months of conflict and regional instability.

In a statement posted on social media platform X, the prime minister said Pakistan, which has been actively mediating between Washington and Tehran for several months, was now working closely with both countries to finalise the remaining procedural steps before the agreement could be formally concluded.

“We can confirm that a final, agreed-upon text of the peace deal has been reached and Pakistan is now working closely with both sides to finalise the next steps,” PM Shehbaz wrote.

The premier expressed optimism about the prospects for peace, saying that a resolution to the conflict had never been closer. He also alleged that misinformation campaigns were being carried out by elements seeking to undermine the negotiations and derail the diplomatic process.

The statement came shortly after Iranian Foreign Minister Abbas Araghchi said an agreement to end the conflict was closer than ever before, while cautioning media organisations against speculating about the contents of the proposed deal before its formal completion.

Araghchi said Iran would disclose the full details of any agreement at the appropriate time, stressing that Tehran remained committed to a transparent approach regarding the negotiations.

Reports citing Western, Pakistani and Iranian sources suggested that leaked details of the proposed memorandum of understanding appeared to grant significant concessions to Iran, prompting criticism and denials from US President Donald Trump.

Trump rejected the reported terms, saying the information circulating in the media did not reflect the actual contents of the agreement reached between the parties.

“The terms that Iran leaked out to the Fake News have nothing to do with the terms that were agreed to, in writing,” Trump wrote on his Truth Social platform.

Despite dismissing the reported details, Trump later shared a social media post by Araghchi acknowledging that a memorandum aimed at ending the conflict had never been closer to completion.

According to sources familiar with the negotiations, one of the remaining unresolved issues concerns language related to military operations in Lebanon. Iran is reportedly seeking guarantees that Israeli military actions against its ally Hezbollah would cease as part of a broader regional understanding.

Draft versions of the proposed agreement reviewed by international media outlets suggest the United States could begin releasing billions of dollars in frozen Iranian assets and ease sanctions on Iranian oil exports in exchange for the reopening of the strategically important Strait of Hormuz.

The reported framework would also provide for a 60-day period of negotiations on Iran’s nuclear programme, discussions on war-related reparations, and the postponement of longstanding disputes concerning Tehran’s missile programme.

Sources indicated that demands regarding Iran’s stockpile of highly enriched uranium were absent from several versions of the draft agreement. However, a senior US official insisted that the final arrangement would require the removal and destruction of the uranium stockpile as part of Iran’s obligations.

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US Vice President JD Vance also rejected suggestions that Iran would receive immediate financial benefits upon signing the deal, saying economic incentives would only be provided after Tehran fulfilled its commitments.

Diplomatic sources indicated that, if outstanding issues are resolved, the memorandum could be signed as early as Sunday, with Geneva being considered as a potential venue for the ceremony.

Meanwhile, Israel has distanced itself from the negotiations. Prime Minister Benjamin Netanyahu said his government would not be a party to the memorandum, while Israeli officials insisted that any agreement must preserve Israel’s freedom to act against perceived security threats in Lebanon.

The proposed accord would mark a significant diplomatic achievement for Pakistan’s mediation efforts and could pave the way for a reduction in tensions across the Middle East after months of conflict, military exchanges and economic disruption.