France · Iran · Strait of Hormuz · U.S. · Axios
U.S., Iran expected to "electronically" sign agreement to end war Sunday
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The U.S. and Iran, together with Pakistani and Qatari mediators, are expected to hold a virtual meeting on Sunday and electronically sign a memorandum of understanding that will extend the ceasefire by 60 days, reopen the Strait of Hormuz and launch negotiations over Iran's nuclear program.
Key facts
- The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL
- On Tuesday President Trump will hold a meeting in France with G7 leaders, together with the leaders of Egypt, Qatar and the United Arab Emirates, U.S. officials said in a briefing with reporters
- What they ' re saying: "The team are closer to a peace deal than ever
Summary
The pending remote signing is a result of almost three months of negotiations between the U.S. and the Iranian regime, mediated by Pakistan, Qatar, Egypt and Turkey. The MOU is expected to end the war in the region and potentially stabilize global energy markets. What they ' re saying: "The team are closer to a peace deal than ever before. Shortly after, the Pakistani foreign ministry confirmed that the virtual signing ceremony has been scheduled for Sunday.