Iran’s deputy foreign minister Gharibabadi said the Islamabad memorandum (an
Iran–U.S. understanding) has been finalized and will be signed in Switzerland on
June 19. He said two measures take effect immediately from this morning: an
immediate, permanent end to hostilities on all fronts, including Lebanon, and
the U.S. lifting and terminating its maritime blockade of Iran. Iranian
commitments will begin on signing; after a ceasefire, U.S. lifting of the
blockade and frozen Iranian assets begin to thaw, both sides will enter a 60‑day
negotiation period to finalize an agreement covering nuclear issues, U.S.
sanctions relief, reconstruction of Iran’s economic mechanisms and verification
arrangements. Gharibabadi warned Iran will respond if the other side defaults
and said Iranian forces remain “finger on the trigger.” Iran’s Supreme National
Security Council will issue a related statement; Iran said its gains far exceed
its commitments.
