PAKISTAN PM Shehbaz Sharif announces Islamabad MoU signed between US and Iran. Iran to reopen Strait of Hormuz, US to lift naval blockade immediately; formal ceremony set for June 19 in Switzerland.
Initial talks between the United States and Iran are planned at the Buergenstock mountaintop resort in Switzerland on Friday, following the signing of a ceasefire agreement between Tehran and Washington, the Swiss government said on Thursday.
“As things stand, the plan is still for the USÂ and Iran, along with mediators Pakistan and Qatar and other involved countries, to meet tomorrow at Buergenstock for initial negotiations about implementing the agreement.
“No further information is currently available regarding the schedule and details of this meeting,” the Swiss foreign ministry said in a statement.
‘This was not easy’
US President Donald Trump signed the Iran Memorandum of Understanding at the Palace of Versailles on Wednesday (June 17), just prior to a dinner hosted by French President Emmanuel Macron.
A video shared on Thursday (June 18) on social media by Macron shows Trump signing the document with the French president applauding at his side and US Secretary of State Marco Rubio standing behind him.
“This was not easy… I can tell you,” Trump said while signing the MoU.
The signing of the interim agreement to end hostilities occurred during the G7 summit in France.
The memorandum includes an immediate end to the war on all fronts, including Lebanon, the full resumption of maritime traffic in the Strait of Hormuz, the lifting of a US blockade of Iranian ports, the waiving of US sanctions on Iran, the unfreezing of its assets, and a plan worth $300 billion for the economic rehabilitation of the Islamic Republic.
Iran also undertakes not to build nuclear weapons, reaffirming a vow it had made for decades.
