Final Step Toward Peace; Switzerland Ready to Host Signing of Iran-US Agreement

Swiss Readiness to Host Peace Diplomacy Following significant progress in indirect negotiations between Tehran and Washington, the Swiss government announced on Friday, June 12, 2026, that it is on full alert to host the signing ceremony of the memorandum of understanding between the two countries. The Swiss Ministry of Foreign Affairs emphasized in a statement that it is in close contact with both sides to prepare the conditions for finalizing this agreement [1][4]. The country, which has served as the protector of U.S. interests in Iran for decades, is now playing a key role in stabilizing the ceasefire and reducing regional tensions.

Islamabad Declaration; Details of the Leaked Agreement Diplomatic reports indicate that this agreement, named the 'Islamabad Declaration' due to Pakistan's key mediating role, includes crucial provisions for regional stability. According to leaked information, this memorandum includes the immediate and toll-free reopening of the Strait of Hormuz, the lifting of the naval blockade, and the release of a portion of Iran's frozen assets (between $24 and $300 billion) in exchange for nuclear restrictions [3][5]. Additionally, the agreement includes a 60-day ceasefire covering Lebanese territory to pave the way for more comprehensive negotiations.

Logistical Preparations and High-Level Attendance Although Iran has stated that it is conducting a final review of the agreement text in Tehran, logistical evidence points to the certainty of an imminent signing. Reports mention four U.S. Air Force C-17 transport aircraft flying toward Europe, carrying equipment necessary for a potential trip by U.S. Vice President JD Vance to Geneva [3]. Donald Trump also claimed in statements that a 'big deal' has been reached and could be signed in Europe by the end of this week [1].

Cautious Reactions in Tehran In contrast to the optimism in Washington, Iranian officials have acted with more caution. Abbas Araghchi, Iran's Foreign Minister, while confirming that the memorandum has never been this close to finalization, asked the media to refrain from speculating about the details [2]. He emphasized that Tehran will only take the final step after ensuring that all red lines are respected and executive guarantees are in place. However, Switzerland's official offer to host suggests that the parties have agreed on the location and general framework of the ceremony, with only the final confirmation from the capitals remaining [4].