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Summary. After months of intense hostility, the initial deal between the United States and Iran has electronically been signed by US President Donald Trump and his Iranian counterpart Masoud Pezeshkian and endorsed by Prime Minister of Pakistan Shehbaz Sharif as a mediator. The deal, which has been titled “Islamabad Memorandum of Understanding” in recognition of the role played by Pakistani leadership in facilitating the historic accord, contains a 14-point framework, the implementation of which began immediately after the remote signing. Hopefully, the process of normalization between the warring sides – the war has claimed thousands of lives, sparked a global energy crisis, and fuelled inflation in most economies worldwide – will speed up and lead to easing of the global economic crisis the war has spawned. Each side will need to approach the other with sincerity, and ignore the provocations of malignant elements who will not want to see peace in the Middle East.
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The Writer is an Editor of JWT.
