Iran, the U.S. and mediator Pakistan all said on Saturday that progress had been made in talks on ending almost three months of war, according to Reuters.
Iran said it was focused on finalising a memorandum of understanding, or MOU, after its top officials met Asim Munir, the army chief of Pakistan.
The Pakistani army said the negotiations had resulted in "encouraging" progress towards a final understanding. Two Pakistani sources involved in negotiations said the deal being negotiated is "fairly comprehensive to terminate the war."
Sources have told Reuters the proposed framework would unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launching a 30-day window for negotiations on a broader agreement, which can be extended.
U.S. President Donald Trump said he would discuss the latest Iran draft agreement with advisers and might make a decision on Sunday on whether to resume attacks on Iran, Axios reported, citing an interview with Trump.
"Either we reach a good deal or I'll blow them to a thousand hells," Axios quoted him as saying.
One of the Pakistani sources said there was no guarantee the U.S. would accept the memorandum. If the U.S. and Iran agree, the MOU would lead to further talks after the Eid holiday ends on Friday.
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