Trump-Iran agreement framed as 60-day ceasefire with binding commitments

DUBAI, United Arab Emirates — A peace agreement between US President Donald Trump and Iran, mediated by Pakistan, is structured as a 60-day ceasefire requiring both sides to reach a final settlement within that period, according to the British newspaper The Times. The 14-point framework text calls for a permanent end to hostilities, the normalization of bilateral relations, and the resumption of maritime traffic through the Strait of Hormuz. Trump said the 60-day period could be extended if Iran complies with its commitments under the deal. Tehran has reiterated that its ballistic missile program is not open to negotiation, with Foreign Ministry spokesman Esmaeil Baqaei stating that the country's defense capabilities are non-negotiable. The agreement includes a pledge by Iran not to pursue nuclear weapons but provides no concrete roadmap for the future of its uranium stockpiles or for inspection mechanisms. On the economic side, the framework envisions a $300 billion financial package and broad sanctions relief, though it does not specify the source of the funding. The deal does not cover Israel or Hezbollah, leaving the Lebanese front as a potential source of instability. The Times also reported that gaps remain over how the financial package would be financed and how Iran's nuclear file would be verified.