First Move  ·  Statecraft  · 
From the capitals — Thursday morning, 18 June

US and Iran Presidents Virtually Sign MOU to End War; Formal Signing Slated for Switzerland

US President Donald Trump and Iranian President Masoud Pezeshkian virtually signed a 14-point memorandum of understanding, with a formal ceremony scheduled for June 19 in Switzerland.

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The conversation that mattered

US President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point Memorandum of Understanding (MOU) aimed at ending the war and reopening the Strait of Hormuz. Pakistan's Prime Minister Shehbaz Sharif announced on Thursday that the electronic signing took place on June 17, confirming that the deal is taking immediate effect.

The agreement calls for a halt to military operations and initiates a 60-day process to negotiate a final accord on Iran's nuclear program and sanctions relief. While the G7 leaders welcomed the agreement as a historic opportunity to prevent Iran from acquiring a nuclear weapon, US lawmakers have voiced skepticism, demanding that the Trump administration brief Congress on the details. The formal, in-person signing ceremony is anticipated to take place on June 19 at the Buergenstock mountaintop resort in Switzerland, with Pakistan and Qatar serving as mediators.

Today's meetings

US President Donald Trump

Actor Two: Indian Prime Minister Narendra Modi

Venue Or Format: sidelines of the G7 summit in Evian, France

What Was Discussed: significant progress in long-running trade deal talks and the safety of Indian seafarers in the Strait of Hormuz.

Signal: Highlights ongoing efforts to deepen economic ties and address maritime security concerns between the two nations.

Russian President Vladimir Putin

Actor Two: Turkish Foreign Minister Hakan Fidan

Venue Or Format: Kazan, Russia

What Was Discussed: bilateral relations and regional issues during Fidan's visit to Russia.

Signal: Indicates continued high-level engagement and coordination on geopolitical matters between Russia and Türkiye.

Chinese President Xi Jinping

Actor Two: Myanmar President Min Aung Hlaing

Venue Or Format: Beijing, China

What Was Discussed: Myanmar's “full, equal, and constructive participation” in international organizations.

Signal: Signals China's diplomatic support for Myanmar on the international stage.

Joint statements + readouts

United States, Iran (mediated by Pakistan)

Topic: End of West Asia War and Strait of Hormuz

Key Line: The 14-point memorandum of understanding aims to end hostilities, reopen the Strait of Hormuz, and begin a 60-day process for a final agreement on Iran's nuclear program and sanctions relief.

China, Myanmar

Topic: International Participation

Key Line: China backed Myanmar's “full, equal, and constructive participation” in international organizations.

Multilateral pulse

G7 Leaders' Summit. Leaders pledged to increase military support for Ukraine, including additional air defense systems and long-range capabilities, and welcomed the US-Iran agreement as an opportunity to prevent Tehran from acquiring a nuclear weapon.

European Parliament. The European Parliament reviewed the EU accession progress of five Western Balkan countries: Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, and Montenegro, adopting separate reports on each.

Bilateral threads worth following

US ↔ Iran

Current State: An interim Memorandum of Understanding (MOU) has been virtually signed to end the war.

Last Move: US President Donald Trump and Iranian President Masoud Pezeshkian virtually signed a 14-point MOU on June 17, with a formal signing set for June 19 in Switzerland.

US ↔ India

Current State: Negotiations for a bilateral trade agreement are making significant progress.

Last Move: Indian Prime Minister Narendra Modi met with US President Donald Trump on June 17 on the sidelines of the G7 summit, with a US Trade Representative visit to India expected next week.

Russia ↔ Türkiye

Current State: High-level discussions are ongoing regarding bilateral relations and regional issues.

Last Move: Turkish Foreign Minister Hakan Fidan was received by Russian President Vladimir Putin in Kazan on June 18, following meetings in Moscow.

What we'll be watching next 72h

Reporting + analyst voices: grounded via Google Search at publish time.