ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar has characterized ‘The Islamabad Memorandum of Understanding’ as a credible framework for future negotiations between Iran and the United States. In an interview with Al Arabiya, he emphasized the document’s acceptance by both parties and its role in facilitating technical-level talks in Switzerland aimed at its implementation.

According to Radio Pakistan, Ishaq Dar acknowledged Pakistan’s significant mediatory role in bringing the United States and Iran together for dialogue after forty-seven years. The Deputy Prime Minister noted that Pakistan worked collaboratively with regional and international partners to support these mediation efforts, which have been instrumental in the ongoing discussions.

Ishaq Dar assured that the intentions of the signing parties should not be doubted and outlined a thirty-day period for negotiators to resolve certain issues, with a broader agreement expected to be finalized within sixty days, subject to mutual extension. He also reiterated Pakistan’s stance on restoring navigation through the Strait of Hormuz to pre-conflict conditions and clarified that no transit or service fees would be imposed on ships during the next sixty days.

The Deputy Prime Minister provided details on the format of the negotiations, involving three technical teams addressing Iran’s nuclear program, frozen Iranian funds, and the situation in Lebanon. He highlighted the initial benefits of the US-Iran peace efforts, noting reduced energy prices and resumed shipping activity.