Donald Trump says a peace agreement with Iran is due to be signed on Sunday, though Tehran has urged caution….reports Asian Lite News Desk
US President Donald Trump has announced that a peace deal between the United States and Iran is expected to be signed on Sunday, signalling what could be a major breakthrough in relations between the two countries.
In a post on Truth Social, Trump said the agreement was scheduled to be finalised within the next 24 hours and claimed that the strategically important Strait of Hormuz would reopen immediately after the deal is signed.
“The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” Trump wrote.
The President also suggested that Iran had abandoned ambitions to acquire nuclear weapons and indicated that Washington would work with Tehran on the eventual removal of enriched uranium.
According to Trump, the proposed agreement would usher in a new chapter in relations between the two countries.
He said ties between Washington and Tehran would become “different and better” but warned that alternative options remained available if progress was not achieved “quickly, easily and smoothly”.
Trump also stressed that the arrangement differed significantly from the nuclear agreement negotiated during former President Barack Obama’s administration.
“Unlike Obama’s hundreds of billions of dollars in payments to them, including 1.7 billion dollars in green, cold cash, no money will exchange hands,” he said.
The President further indicated that nuclear material remaining in Iran would eventually be removed and destroyed under the terms being discussed.
The announcement has drawn attention from global markets, particularly because of Trump’s comments regarding the Strait of Hormuz.
The narrow waterway is one of the world’s most important energy shipping routes, carrying a significant share of globally traded crude oil and liquefied natural gas supplies.
Any reopening of the strait would be closely watched by major energy importing nations, including India, which relies heavily on crude oil imports from the Gulf region.
However, Iranian officials appeared to take a more cautious view of the negotiations.
Iranian Foreign Ministry spokesperson Esmaeil Baqaei reportedly denied that a final memorandum of understanding between Tehran and Washington would be signed on Sunday.
According to Iranian state media, Baqaei cited what he described as hesitation from the American side and stressed that any document agreed upon would serve only as a framework for continuing talks.
He said a potential memorandum should not be viewed as a final agreement and suggested discussions on Iran’s nuclear programme would continue over a 60 day period.
The differing accounts highlight the gap that may still exist between the two sides despite Trump’s optimistic assessment of the negotiations.
While Washington has portrayed the talks as nearing a decisive conclusion, Tehran appears to be presenting any upcoming agreement as an interim step toward a broader settlement.
The proposed deal is expected to remain under close scrutiny as both sides continue negotiations and seek to resolve long standing disputes over Iran’s nuclear activities and regional security issues.
