By JAN YUMUL in Hong Kong, CUI HAIPEI in Dubai, UAE, and JI HAISHENG in Beijing |

China Daily |

Ships at Bandar Abbas port in Iran wait to set sail through the Strait of Hormuz on Thursday. AMIRHOSSEIN KHORGOOEI/ISNA/AFP

United States President Donald Trump and Iranian President Masoud Pezeshkian have signed a Memorandum of Understanding, which came into immediate effect, to end the war in the Middle East. A formal ceremony is scheduled to take place in Switzerland on Friday.

Iranian and US media showed the two leaders signing and holding up a document finalizing the deal without an in-person ceremony. The provisions of the deal include stopping the war on all fronts, including in Lebanon.