Iranian Foreign Minister Abbas Araghchi has said that negotiations on the proposed “Islamabad Memorandum of Understanding” aimed at ending the conflict between the United States and Iran are close to reaching an agreement.

In a post on X, Araghchi said the deal is nearing the signing stage and urged media outlets to avoid speculation until the agreement is finalised. He added that Iran would release full details of the agreement at the appropriate time in line with its policy of transparency.

The agreement is named after Pakistan’s capital, Islamabad, where talks between the United States and Iran were previously held. International media reports indicate the proposal includes extending a ceasefire for 60 days and reopening the Strait of Hormuz, while also creating space for further discussions on Iran’s nuclear programme.

The negotiations come amid heightened tensions in the Middle East following a series of attacks on Iran by the United States and Israel since late February. Analysts have described the Pakistan-mediated talks as an important step towards easing regional tensions.

US President Donald Trump had earlier said an agreement with Iran was close. However, he later dismissed a draft version of the deal published by some Iranian media outlets as inaccurate. Both sides are currently working to finalise the remaining details of the agreement.