CAIRO - Iran, the United States and Pakistan early Monday announced the finalization of the memorandum of understanding (MoU) on ending the war following weeks of negotiations, adding that it will be officially signed in Switzerland on Friday.
Countries in the Middle East welcomed the diplomatic breakthrough and the planned reopening of the Strait of Hormuz, voicing hope that the MoU would help create conditions for a comprehensive and lasting peace in the region.
Regional countries expressed their support for the MoU and the upcoming reopening of the Strait of Hormuz, a vital maritime corridor.
In a statement, the Iraqi Foreign Ministry expressed full support for the diplomatic breakthrough and satisfaction with the announcement regarding the upcoming reopening of the Strait of Hormuz to normal maritime navigation, noting its vital importance for ensuring the smooth flow of oil and gas to global markets and for stabilizing international energy sectors.
In a statement on X, the Saudi Foreign Ministry welcomed the MoU, stressing the importance of restoring security and freedom of navigation in the Strait of Hormuz.
