Iran: President defends deal with US as best option for peace
Iran's president has said the country's economy needs a peace deal to attract investors. The Foreign Ministry said Pakistan's top army official will visit Tehran Monday as Islamabad seeks to mediate a resolution.
Iran's President Masoud Pezeshkian defended the country's expired Memorandum of Understanding (MoU) with the United States, describing it as the best option to halt hostilities between the two nations. Pezeshkian stated that members of Iran's Supreme National Security Council agreed with this assessment, citing dignity, wisdom, and national interest as the basis for their support.
The MoU, signed by US President Donald Trump in June, outlined a 60-day period to end the conflict between the US, Israel, and Iran, as well as a commitment from Iran to abandon its nuclear ambitions. However, the deadline has now passed with no signs of compromise from either side, leaving the situation in the Strait of Hormuz unresolved.
Pezeshkian emphasized the importance of exiting this stagnant phase of the conflict to attract foreign investment to Iran by reducing the associated risks. Pakistan's top military leader, Asim Munir, is set to visit Iran on Monday, as part of Pakistan's efforts to promote peace and security in the region. Iran's Foreign Ministry announced the visit, while also highlighting Pakistan's role in facilitating the initial signing of the MoU between the US and Iran.
However, hardline leader Mohsen Rezaei, the new head of Iran's Supreme National Security Council, warned neighboring countries against aiding the US war effort against Iran, threatening retaliation against oil shipping routes outside the Strait of Hormuz.
Written by urgent.news from DW News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
