PM Shehbaz says Iran-US peace deal text 'agreed'

Iranian FM Araghchi calls potential deal ‘Islamabad MoU’

ISLAMABAD: In a significant development, Prime Minister Shehbaz Sharif on Friday announced that a “final agreed-upon” text of the peace deal between Iran and the United States had been reached, bringing the two sides closer than ever to ending months of tensions.

A day prior, US President Donald Trump said the United States and Iran could sign a peace deal as soon as this weekend, which, if finalised, would be the most significant diplomatic breakthrough yet to end the months-old war.

“We just made a great settlement of the war with Iran,” Trump told reporters at the White House. “The strait will officially open as soon as we sign, which could be soon, very soon, maybe over the weekend in Europe,” he said.

In a post on X, PM Shehbaz said Islamabad was working “closely” with both sides to finalise the next steps of the process. “Peace has never been this close as it is now,” he added.

The premier also cautioned against an “incessant misinformation campaign being waged by those who want to sabotage the peace deal”.

Iranian Foreign Minister Abbas Araghchi made similar comments, calling the potential deal the “Islamabad memorandum of understanding”.

“The Islamabad Memorandum of Understanding has never been closer,” he wrote on X, urging the press to refrain from speculating until it is finalised.

“In line with our responsible and transparent approach, all details will be shared with the public in due course.”