ISLAMABAD (Dunya News/Reuters) - Prime Minister Shehbaz Sharif has said that a potential peace agreement between the United States and Iran is closer than ever, following ongoing mediation efforts led by Pakistan.
In a message posted on X, the prime minister said Pakistan was fully aware of what he described as a sustained disinformation campaign by elements seeking to undermine the peace process.
— Shehbaz Sharif (@CMShehbaz) June 12, 2026Shehbaz Sharif said that despite such efforts, the final and mutually agreed text of the proposed peace agreement had been completed.
He added that Pakistan was now working closely with both parties to finalize the remaining procedural steps required before the agreement could move forward.
"Peace has never been this close," the prime minister said, expressing optimism about the prospects for a breakthrough in relations between the two countries. The United States and Iran on Friday appeared to have sharply different understandings of the contents of an emerging pact to end their war, though both sides signalled that an agreement was close.
Pakistan, which has for weeks sought to broker a deal, said a final text of a peace agreement between the United States and Iran had been reached, although there was no immediate confirmation from Washington or Tehran.
"Pakistan is now working closely with both sides to finalise the next steps," Prime Minister Shehbaz Sharif said in a post on X.
Leaked terms of the proposed memorandum of understanding outlined by Western, Pakistani and Iranian sources on Friday appeared to favour Iran, drawing criticism from U.S. President Donald Trump, who called the reports inaccurate.
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While there were minor differences in the accounts, all appeared to offer Tehran much of what it has demanded so far, with Trump appearing to win little of what he has sought, beyond the reopening of the Strait of Hormuz, which Iran shut after the U.S. and Israel launched attacks in February.
Trump said leaked comments on a deal did not represent what had been agreed to. "The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing," Trump wrote on his Truth Social platform.
"Very dishonorable people to deal with," he said of the Iranians.
However, shortly afterwards, Trump reposted a social media post by Iranian Foreign Minister Abbas Araqchi, in which Araqchi said a memorandum to end the war had never been closer - and also warned against speculation over its contents until it was finalised.
WHAT'S IN THE DEAL?
A Western source, an Iranian source and a Gulf source said a key issue yet to be resolved was language on ceasing hostilities in Lebanon. Iran has demanded Israel end a campaign against Iran's allies, the Hezbollah militia.
Under the terms of the text described by other sources to Reuters, the US would immediately begin providing Iran with billions of dollars in unfrozen assets, and waive sanctions on its oil exports, in return for Iran opening the strait.
Discussion of Iran's nuclear programme would be set aside for a 60-day period of talks on a final settlement, there would be a discussion of war reparations to Tehran, and the dropping of longstanding demands for curbs on Iran's missile programme, the sources said.
Washington has previously demanded Iran give up its stockpile of highly enriched uranium. But none of the versions of the text reviewed by Reuters includes mention of it, and the sources said the demand had been explicitly excluded for now.
But a senior US official, describing the agreement, said that the uranium stockpile "will be destroyed and removed" and Iran's nuclear programme would be dismantled.