The first round of high-level talks between Iran and the United States concluded in Bürgenstock, Switzerland under the Islamabad Memorandum of Understanding (MoU). The negotiations, mediated by Qatar and Pakistan, lasted around 18 hours and brought together representatives from Iran, the United States, and the two mediating countries.
Iranian Foreign Ministry spokesman Esmaeil Baghaei said the sides reached an agreement document, which Qatar and Pakistan are expected to publish. He described the talks as productive and said they focused on laying the groundwork for negotiations on a final agreement. Technical working groups will continue discussions on implementing the MoU, including issues related to Iranian oil export licenses, sanctions relief, and the unfreezing of Iranian assets.
The Lake Lucerne Summit was described by the mediators as positive and constructive. The parties agreed to establish a mechanism for continued technical negotiations and created a High-Level Committee that will provide political oversight of the mediation process. Chief negotiators will report regularly to the committee, while working groups will focus on nuclear issues, sanctions relief, monitoring, and dispute resolution to ensure implementation of the agreement.
The High-Level Committee approved a roadmap aimed at reaching a final agreement within 60 days and agreed to immediately begin further technical talks. The parties also established a direct communication channel to reduce misunderstandings and help ensure the safe passage of commercial vessels through the Strait of Hormuz.
Baghaei said the negotiating team’s work has concluded and that Iran does not intend to continue talks in the current four-party format after the United States issued what Tehran described as a threatening statement during the session. However, he said Qatar and Pakistan will continue their mediation efforts.
Iranian Foreign Minister Abbas Araghchi said “significant progress” had been made toward ending the conflict in Lebanon. According to Araghchi, some Iranian oil and petrochemical exports have received exemptions, certain blocked assets have been unfrozen, restrictions have been eased, and a major Iranian reconstruction and development program has been launched.
The parties also agreed to create a de-confliction mechanism involving Lebanon, facilitated by Qatar and Pakistan, to help maintain the cessation of military operations and prevent future escalation. Technical discussions are expected to continue throughout the week in Bürgenstock as negotiators work toward a broader and more comprehensive agreement.
Qatar and Pakistan welcomed the progress made so far and thanked both Iran and the United States for their commitment to diplomacy, saying they will continue working to help the parties reach a peaceful and lasting resolution.
Update: Pakistan Prime Minister Shehbaz Sharif said the first high-level U.S.-Iran committee meeting under the Islamabad memorandum framework has concluded in Burgenstock, Switzerland. The participants agreed on a roadmap aimed at reaching a final agreement within the next 60 days.
The meeting also established a high-level committee to oversee the process politically and launched additional technical-level discussions. Sharif praised U.S. and Iranian leaders for maintaining constructive engagement and said Pakistan would continue supporting efforts toward a lasting and peaceful settlement.
Update: Iran’s Foreign Ministry spokesperson said any future cooperation with the International Atomic Energy Agency (IAEA) will require approval from Iran’s parliament and a decision by the Supreme National Security Council. The spokesperson also said Iran did not discuss its nuclear program during Sunday’s talks in Switzerland and did not accept any new commitments.
BBW News Desk is the editorial team of BigBreakingWire, a digital newsroom focused on global finance, markets, geopolitics, trade policy, and macroeconomic developments.
Our editors monitor government decisions, central bank actions, international trade movements, corporate activity, and economic indicators to deliver fast, fact-based reporting for investors, professionals, and informed readers.
The BBW News Desk operates under the editorial standards of BigBreakingWire, prioritizing accuracy, verified information, and timely updates on major global developments.
