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Pakistan, Qatar to host Switzerland ceremony on Iran-US deal - PM says

Jun 18, 2026, 00:47 GMT+1

Pakistan Prime Minister Shehbaz Sharif said on Wednesday Pakistan, together with Qatar, will host an official ceremony in Switzerland on 19 June to mark the Iran-US agreement and begin technical-level talks.

Sharif the “Islamabad Memorandum of Understanding” has been electronically signed between the United States and Iran, adding that it was endorsed by the presidents of both countries and by him as mediator.

"The agreement enters into force immediately, with Iran reopening the Strait of Hormuz and the United States lifting its naval blockade as a first step," he posted on X.

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Mark Levin expresses skepticism over Iran MOU but praises Trump

Jun 17, 2026, 23:55 GMT+1

US conservative commentator Mark Levin said on Wednesday he has disagreements with the memorandum of understanding with Iran and does not believe the Iranian government will “ever honor any agreement.”

"I have my disagreements with the MOU, and I do not believe the Iranian regime will ever honor any agreement anyway, but I adore President Trump and always will. He is a great president and he, too, is doing great things for our country and around the world," he posted on X.

Trump signs hard copy of US-Iran agreement at Versailles dinner - report

Jun 17, 2026, 23:26 GMT+1
French President Emmanuel Macron and US President Donald Trump are silhouetted behind a window ahead of a dinner commemorating the 250th anniversary of the United States' independence, at the Palace of Versailles, near Paris, France, June 17, 2026
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French President Emmanuel Macron and US President Donald Trump are silhouetted behind a window ahead of a dinner commemorating the 250th anniversary of the United States' independence, at the Palace of Versailles, near Paris, France, June 17, 2026

President Donald Trump signed a hard copy of the US-Iran agreement during a dinner at the Palace of Versailles, according to a US official cited by CNN.

The report said both Trump and Vice President JD Vance had previously signed the memorandum of understanding virtually, while Iran’s Parliament Speaker Mohammad Bagher Ghalibaf signed the document remotely on behalf of Tehran earlier this week.

A formal signing ceremony involving Vance is still expected on Friday, the official added.

Baghaei says 60-day talks period already begun after agreement

Jun 17, 2026, 23:18 GMT+1

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said the work under the agreement has already begun, adding that a 60-day period for discussions between Iran and the United States is now underway.

"From the time this agreement is signed, which essentially starts from now, we are supposed to hold talks over two issues for 60 days. As for the 60 days, the sooner we reach a conclusion, the happier we will be. If we can reach an agreement within 30 days, it would certainly be better for us, because every day that we can lift the unjust sanctions is in our interest," official media cited Baghaei as saying.

If necessary, it can be extended by mutual agreement. But since our negotiations have always been results-oriented and focused on outcomes, our effort is to reach a conclusion on these two issues in the shortest possible time. The issues of sanctions lifting and nuclear matters will be finalized; this is our approach, and our effort is to complete this within this timeframe," he added.

Persian text of Iran-US memorandum also signed by both sides - report

Jun 17, 2026, 23:02 GMT+1

A source close to the negotiating team, cited by IRGC-affiliated Tasnim News Agency on Wednesday said that following Iran’s insistence, the Persian version of the memorandum of understanding between Iran and the United States has also been signed as an official document by both sides.

The source said the step ensures the Persian text is recognized as an official reference alongside the agreement.

US says Iran won't get funds upfront under MoU

Jun 17, 2026, 22:24 GMT+1
US says Iran won't get funds upfront under MoU
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A rusting shipwreck lies partially submerged in the Strait of Hormuz, June 2026

Senior US officials sought to clarify key provisions of the memorandum of understanding (MoU) with Iran, pushing back against reports that Tehran would receive access to frozen assets, sanctions relief or a multibillion-dollar reconstruction package upon signing the agreement.

The clarifications came after the text of the 14-point memorandum finally emerged on Wednesday, triggering a wave of reactions, competing interpretations and political criticism in both Tehran and Washington.

Speaking on a background call after the text was made public, the officials said the agreement does not commit Washington to any immediate economic concessions, but instead creates a framework under which incentives would be tied to Iranian compliance and progress toward a final deal.

The comments appeared aimed at countering interpretations in Iranian media that the memorandum would unlock large-scale financial benefits for Tehran before a comprehensive agreement is reached.

Addressing a provision in the MoU to create a reconstruction and economic development plan worth at least $300 billion, the officials said the language does not require the United States to contribute funds or provide direct financial assistance to Iran.

Instead, they said the provision would allow sanctions relief in the future if Iran fulfills its commitments, enabling third countries and private investors to participate in projects inside Iran.

The officials also stressed that any sanctions relief would be linked directly to progress on nuclear issues, meaning Tehran would only receive economic benefits in exchange for verifiable nuclear concessions, including the disposal of its stockpile of highly enriched uranium.

Frozen assets

The administration offered its strongest clarification on the issue of frozen Iranian assets.

Iran had originally sought access to restricted funds immediately upon signing the memorandum, according to the officials, but the final text tied any release of assets to implementation of the agreement and progress toward a broader settlement.

The officials said Iran ultimately accepted that no funds would be released automatically upon signing the MoU and that access to frozen assets would depend on what they described as demonstrable good behavior and compliance with the framework.

Some frozen assets could be released during the negotiation period, they added, if Iran takes concrete steps demanded by Washington, including actions related to its nuclear program.

Strait of Hormuz

The officials also downplayed broader interpretations of the memorandum's provisions on the Strait of Hormuz, saying the relevant sections are focused on reopening the waterway and ensuring the free flow of commercial shipping.

They said the agreement is intended to restore navigation through the strait rather than establish a wider security framework for the Persian Gulf.

The officials said they beleieve regional countries would never agree to an arrangement that doesn't permit toll-free access to the Strait of Hormuz.

Miltary assets

The officials further indicated that the United States does not plan to immediately reduce its military posture in the region following the signing of the memorandum. Any future adjustments, they said, would depend on Iranian compliance and progress toward a broader agreement.

They also described direct communication channels established during the conflict between US forces and the Islamic Revolutionary Guard Corps as one of the factors that made the negotiations easier.

According to the officials, those channels reduced the risk of misunderstandings and allowed messages to be exchanged more quickly during both the fighting and subsequent diplomatic efforts.

Officials also rejected suggestions that the memorandum excludes nuclear issues, noting that the text explicitly commits both sides to negotiations over Iran's enriched uranium stockpile and broader nuclear activities.

The memorandum follows weeks of diplomacy led by regional mediators, particularly Pakistan and Qatar, aimed at ending a conflict that began on Feb. 28 when the United States and Israel launched strikes on Iran.

The framework is intended to halt the fighting, reopen the Strait of Hormuz and create a pathway toward a broader agreement.

The memorandum is expected to be formally signed later this week, after which negotiators will begin work on a final agreement envisioned under the framework.