(Bloomberg) -- The US and Iran have begun talks on a permanent peace deal that seek to settle the issue of the Islamic Republic’s nuclear program and permanently reopen the Strait of Hormuz.

Talks expected to begin at the Qatar-owned Burgenstock Resort in Switzerland.

US and Iran start a 60-day peace deal as nuclear talks begin in Switzerland. Next diplomatic meeting in Switzerland at 70% YES.

Qatar is serving as a mediator alongside Pakistan