US-Iran Talks in Switzerland Target Final Peace Deal Within 60 Days

Relations between the United States and Iran have reportedly made significant progress during negotiations at the Burgenstock mountain resort in Switzerland. Pakistani 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 confidence that a final agreement will soon be reached, although he acknowledged that the next phase of negotiations between Washington and Tehran will be far more difficult. Qatari Foreign Ministry spokesman Majed Al-Ansari 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, 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 in order to achieve a comprehensive and sustainable agreement,” Al-Ansari said, as quoted by Sputnik. The high-level talks are led by US Vice President JD Vance for the American side, and Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi for the Iranian side. Pakistan is acting as the main mediator in the meeting, which follows the signing of a memorandum of understanding on Wednesday (17/6). Beyond the nuclear issue, the current focus of the technical team in Switzerland is the mechanism for returning frozen Iranian assets and de-escalation efforts in Lebanon. The reopening of the Strait of Hormuz without transit fees is expected to provide positive sentiment for global economic stability, including strengthening the rupiah’s exchange rate against external pressures. Delegations from both countries remain in Switzerland to continue closed-door discussions aimed at drafting the technical details that will form the legal basis for a permanent peace agreement.