In a post on X, the prime minister said Pakistan had been working closely with both Washington and Tehran to help finalise the next phase of the peace process.

Shehbaz also criticised what he described as a coordinated misinformation campaign aimed at undermining diplomatic progress.

“We are fully aware of the incessant misinformation campaign being waged by those who want to sabotage the peace deal,” the premier said.

Emphasising the significance of the moment, he added: “Peace has never been this close as it is now.”

The statement comes amid intensified diplomatic engagement involving Pakistan, the United States and Iran to secure a lasting settlement following months of regional instability and military tensions.

Meanwhile, US Vice President JD Vance clarified Washington’s position regarding the proposed agreement, stating that Iran would not receive any financial incentives simply for signing the deal or participating in negotiations.

Speaking on Friday, Vance said the agreement had been structured in a way that any economic benefits for Tehran would depend on the country fulfilling its obligations under the accord.

“The potential deal is designed to ensure that economic benefits flow to Iran only if it meets its commitments,” he said.

On the Iranian side, Abbas Araqchi described the proposed “Islamabad Memorandum of Understanding” as being closer than ever to completion.

However, he urged media organisations and analysts to avoid speculation regarding the contents of the agreement until it is formally finalised.

Araqchi said Iran would disclose all relevant details to the public at the appropriate time, describing the approach as part of Tehran’s commitment to transparency and responsible diplomacy.

Although the contents of the memorandum have not yet been made public, officials from all sides have signalled growing optimism that a formal agreement could soon be announced, potentially paving the way for greater regional stability and a reduction in tensions across the Middle East.

Diplomatic observers say the successful conclusion of the agreement could represent one of the most significant diplomatic achievements in the region in recent years, with Pakistan playing an active role in facilitating dialogue between the parties.