US-Iran Talks in Switzerland Target Final Peace Deal Within 60 Days
Relations between the United States and Iran are reported to have made significant progress during negotiations held at the Burgenstock mountain resort in Switzerland. Pakistan’s Foreign Minister, Ishaq Dar, confirmed that both parties have reached the conclusion that diplomacy is the only solution to end the conflict in the Middle East.
In an interview with Al Arabiya in Cairo on Sunday (21/6), Dar expressed his belief that a final agreement will be reached soon, although he acknowledged that the next phase of negotiations between Washington and Tehran will be far more difficult.
Majed Al-Ansari, spokesperson for the Qatari Ministry of Foreign Affairs, revealed that the negotiating parties have agreed to form a special technical group. This group is tasked with formulating the terms of a final peace agreement, which is targeted for completion within 60 days of the start of negotiations.
“The formation of this technical group reflects the commitment of all parties to negotiate in good faith to achieve a comprehensive and sustainable agreement,” said Al-Ansari, as quoted by Sputnik.
These high-level negotiations are led by US Vice President JD Vance for the American side, alongside Speaker of Parliament Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi for the Iranian side. Pakistan is acting as the primary mediator in the meeting, which follows the signing of a memorandum of understanding last Wednesday (17/6).
In addition to nuclear issues, the primary focus of the technical team in Switzerland is currently the mechanism for the return of frozen Iranian assets and efforts towards de-escalation in Lebanon. The potential reopening of the Strait of Hormuz without transit fees is expected to provide positive sentiment for global economic stability, including strengthening the Rupiah against external pressures.
Currently, delegations from both nations remain in Switzerland to continue closed-door discussions to draft the technical details that will serve as the legal foundation for a permanent peace treaty.