US, Iran reach final draft agreement, announcement expected within hours
May 21, 2026, 5:26 PM
The final draft of an agreement between the U.S. and Iran, mediated by Pakistan, has been reached and is expected to be announced within hours, Iran's ILNA news agency reported, citing Al Arabiya TV.
The draft includes the following provisions:
- An immediate and comprehensive ceasefire on all fronts.
- A mutual commitment not to target infrastructure.
- Guaranteed freedom of navigation in the Persian Gulf and the Strait of Hormuz under a joint monitoring system.
- A phased lifting of sanctions against Iran, conditional on its implementation of the agreement's provisions.
- The commencement of negotiations on unresolved issues within a maximum of seven days.
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