US-Iran peace deal inches closer as PM Shehbaz says finalisation expected within a day

Prime Minister Shehbaz Sharif on Saturday said that the peace deal between Iran. the United States is expected to be finalised in the next 24 hours.

A day prior, PM Shehbaz said that a “final, agreed-upon” text of the peace deal between Tehran. Washington had beenreached, adding that Islamabad was working “closely” with both sides to finalise the next steps of the process.

“We are closer to a peace deal than ever before,” the premier said on X, adding that Pakistan is preparing for the electronic signing of the peace deal,. technical-level talks would follow afterwards.

“We would like to thank [the] United States of America. Islamic Republic of Iran for their ongoing commitment during the negotiations, and we extend our sincere appreciation to our brothers in the region for their support,” he wrote.

“We are confident that this historic peace deal will form a strong foundation for lasting peace.”

Yesterday, 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.”

On Wednesday night, it looked like war had resumed, with Washington. Tehrantrading strikesafter an American Apache attack helicopter went down near the Strait of Hormuz.

The two countriestraded strikesagain on Thursday, with Trump warning that he had planned “bigger” bombing raids today.

However, hecancelledthe strikes following discussions with the highest levels of leadership in Tehran.

“Discussions. final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkiye, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others,” he wrote on Truth Social.

The war started on February 28 with joint US-Israeli strikes on Iran. with both countries trading attacks until aceasefirewas agreed upon in April, with Pakistan acting as a mediator. Around of talkswas held in Islamabad that month, though no deal was reached after 21 hours of negotiations.