US President Donald Trump and Iran’s President Masoud Pezeshkian a short while ago formally signed a historic peace agreement to end months of war despite reckless attempts by Israel to sabotage the deal.

The signing took place electronically during a dinner hosted by French President Emmanuel Macron at the Palace of Versailles in France, where Trump officially endorsed the agreement. On the other end, Pezeshkian signed the same deal to commence the 60-day period to reach a deal.

Shortly after the signing, Prime Minister Shehbaz Sharif announced on X that “the Islamabad Memorandum of Understanding (MoU)” had been electronically signed by the two sides.

Since the beginning, Pakistan has acted as the mediator. Shehbaz said the accord has now come into force immediately.

Shehbaz said the first phase of the agreement includes Iran’s immediate reopening of the Strait of Hormuz and the United States lifting its naval blockade. The memorandum also lays the foundation for deeper negotiations intended to achieve a lasting settlement between the two sides.

Shehbaz congratulated President Trump for pursuing a diplomatic resolution and praised Iran’s President Masoud Pezeshkian, Iran’s leadership, and the negotiating teams from both countries. He also acknowledged the contributions of Qatar, Saudi Arabia, Türkiye, and Egypt in supporting the peace process.

The Prime Minister further credited Field Marshal Syed Asim Munir for playing a critical role in facilitating the breakthrough and advancing regional stability.

The agreement is widely being viewed as one of the most significant diplomatic developments in recent years, arguably the biggest deal of the 21st century.

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