Iran and the United States have received a proposal to end ongoing hostilities. The plan, developed by Pakistan, outlines an immediate ceasefire followed by a broader peace agreement.
According to sources, the framework introduces a two-phase approach. First, both sides would implement an immediate ceasefire. Then, negotiators would finalize a comprehensive agreement within 15 to 20 days. If approved, the plan could reopen the strategically vital Strait of Hormuz.
Pakistan Leads Diplomatic Efforts
Asim Munir has actively engaged key stakeholders. He held continuous discussions with JD Vance, Steve Witkoff, and Abbas Araghchi. These contacts aim to secure agreement on all elements of the proposal.
Officials structured the initial understanding as a memorandum of understanding (MoU). They plan to finalize it electronically through Pakistan, which currently serves as the main communication channel.
Proposed Islamabad Accord Framework
The proposal, informally called the Islamabad Accord, includes reopening the Strait of Hormuz immediately after the ceasefire. It also suggests final in-person negotiations in Islamabad to conclude a long-term agreement.
Additionally, the plan may include commitments from Iran regarding its nuclear program. In return, the proposal discusses potential sanctions relief and the release of frozen assets.
Global Impact and Uncertainty
Despite active diplomacy, Iran has not yet confirmed its acceptance of the proposal. However, mediators, including Türkiye and Egypt, continue to support the process.
The situation remains critical as tensions threaten shipping through the Strait of Hormuz, a key route for global oil supplies. As a result, energy markets have shown increased volatility.
Donald Trump has urged a swift resolution. He warned that delays in reaching a ceasefire could lead to further consequences.
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