Pakistan Prime Minister Shehbaz Sharif confirmed Friday that the United States and Iran have agreed on the final text of a peace deal aimed at ending months of conflict in the Middle East.
"We can confirm that a final, agreed upon text of the peace deal has been reached and Pakistan is now working closely with both sides to finalize the next steps," Sharif wrote in a post on X.
Pakistan has been mediating negotiations between Washington and Tehran for months. Sharif tagged leaders from both countries and described the latest development as a major step toward ending the conflict. "Peace has never been as close as it is now," he added.
The announcement followed comments by U.S. President Donald Trump on Thursday that he had canceled imminent airstrikes on Iran and that an agreement was nearing completion. Reports later suggested Vice President JD Vance could travel to Europe to take part in a signing ceremony if the deal moves forward.
Iranian Foreign Minister Abbas Araghchi also pointed to progress in the negotiations, arguing that a final agreement with Washington is closer than ever.
"The Islamabad Memorandum of Understanding has never been closer," Araghchi wrote Friday, referring to the framework that emerged from Pakistan-mediated talks launched on April 8.
He urged media outlets and observers not to speculate about the contents of the document before it is formally finalized. "Pending its finalization, the media should refrain from entering speculation about its content," he wrote.
Sharif, meanwhile, accused opponents of the process of trying to derail the negotiations through misinformation campaigns. "Amid ongoing intense mediation efforts by Pakistan, we are fully aware of incessant misinformation campaign being waged by those who want to sabotage the peace deal," he said.
According to a senior Trump administration official, the proposed agreement requires Iran to dismantle its nuclear program and halt support for militant groups before receiving economic benefits.
The official described the arrangement as a "performance-based deal" and said Tehran had agreed to destroy and remove nuclear material, keep the Strait of Hormuz open and end funding for militant groups.
No Iranian funds would be released until those commitments are fulfilled, the official added. Iranian officials have repeatedly maintained that sanctions relief and access to funds are essential parts of any agreement, while rejecting discussions related to support for militant groups.
Bloomberg reported that the memorandum of understanding could be signed in Geneva as early as Sunday, potentially days before Group of Seven leaders gather in France for their June 15-17 summit.
If completed, the agreement would mark the culmination of months of Pakistan-brokered diplomacy between Washington and Tehran and could open the door to a broader normalization process between the two countries.