Trump, Pezeshkian sign peace memorandum to end conflict

US President Donald Trump and Iranian President Masoud Pezeshkian have signed a memorandum of understanding (MoU) aimed at ending hostilities and laying the groundwork for a lasting peace agreement between the two countries.

The agreement was finalized through electronic signatures, with Trump confirming on Wednesday (June 17) that he had signed the document while attending the G7 Summit in France.

Speaking to reporters from the Palace of Versailles, the US president declared, “The deal is signed,” marking a significant step toward de-escalation after months of conflict and diplomatic tension.

French President Emmanuel Macron later shared footage of Trump signing the accord and described it as a key milestone in efforts to secure regional stability.

Iranian authorities subsequently confirmed that President Pezeshkian had also signed the document, formally completing the agreement.

According to Iranian Foreign Ministry spokesman Esmaeil Baghaei, the memorandum has now entered its implementation and verification phase. He said the agreement was signed remotely by both leaders and that Tehran does not plan any additional signing ceremony.

The accord, reportedly consisting of 14 key provisions, is designed to end military hostilities, reopen critical trade routes, and launch broader negotiations on sanctions relief, regional security and Iran’s nuclear programme. Among the reported provisions are commitments toward a permanent ceasefire and the gradual reopening of the strategically important Strait of Hormuz.

The peace initiative was facilitated through international mediation efforts led by Pakistani Prime Minister Shehbaz Sharif, who announced that the agreement would take immediate effect.

The signing comes days ahead of a previously planned formal ceremony in Switzerland and is being viewed as one of the most significant diplomatic developments in the Middle East in recent years.

Analysts say the agreement could help reduce regional tensions, restore confidence in global energy markets and open the door to a broader political settlement between Washington and Tehran.