A diplomatic initiative aimed at ending the conflict between the United States and Iran has been introduced, with the possibility of finalizing the agreement as soon as Monday. The proposal, developed by Pakistan, outlines a two-phase strategy beginning with an immediate ceasefire, followed by a comprehensive accord within 15 to 20 days.
This framework, expected to be named the “Islamabad Accord,” includes reopening the strategically vital Strait of Hormuz, a key route for global oil transportation. If accepted, the ceasefire would take effect without delay, creating a crucial pause in hostilities and opening the door for further negotiations.
Key discussions for the broader agreement are planned to take place in Islamabad, focusing on critical issues such as nuclear limitations, easing of sanctions, and the release of frozen Iranian assets. Pakistan’s army chief, Field Marshal Asim Munir, has maintained ongoing communication with US Vice President JD Vance, special envoy Steve Witkoff, and Iranian Foreign Minister Abbas Araqchi to advance the proposal.
Meanwhile, although no official statements have been made by either the US or Iran, indications suggest that Iran is seeking assurances against future attacks from both the US and Israel before agreeing to a permanent ceasefire. The final deal is anticipated to include Iran’s commitment to refrain from developing nuclear weapons in exchange for substantial sanctions relief and the unfreezing of assets.
Despite persistent diplomatic efforts by Pakistan, along with Turkey and Egypt, Iran has yet to formally endorse the plan. This diplomatic development emerges amid significant disruptions in global energy markets, as the ongoing conflict has heightened concerns over the security of the Strait of Hormuz.
In a significant development, US President Donald Trump has issued warnings about potential consequences if a ceasefire is not swiftly achieved, escalating fears of further military confrontation. As negotiations continue, global attention remains fixed on whether the US and Iran can reach an accord that will stabilize the region and prevent further escalation.
