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US-Iran Peace Deal: Today, Sunday, June 14, is going to prove to be a very important day in the pages of global history to completely end the terrible military tension, bloodshed and war-like situations that have been going on in the Middle East for the last several months. If we believe the statements of US President Donald Trump and the Pakistani officials who are playing the role of mediator in this entire matter, then a historic peace agreement can be finalized today itself to formally end the ongoing war between America and Iran.
To bring this megadeal on the ground, backchannel diplomacy was going on for the last 3 months, in which countries like Pakistan, Qatar, Egypt and Turkey were making continuous diplomatic efforts. Although Iran has adopted a somewhat cautious and cautious approach regarding this timeline and conditions, the eyes of markets, defense experts and the general public around the world are completely focused on this possible agreement at this time.
What is the blueprint of this peace agreement? (Key Features of the Deal)
Under this agreement, a ‘Memorandum of Understanding’ (MoU) is expected to be signed virtually between the two countries. You can easily understand the main aspects of this entire deal from the table given below:
President Trump’s claim – ‘The road will open as soon as it is signed’
US President Donald Trump seems very excited and confident about the success of this deal. As usual, he informed the world about this agreement by taking the help of his social media platform ‘Truth Social’.
Donald Trump’s ‘Truth Social’ post:
“This peace agreement is absolutely certain to be signed on Sunday itself. As soon as both sides sign it, the closed Strait of Hormuz will be immediately and completely opened to everyone. At present, the relations between America and Iran are much better, practical and at a different level than during the tenure of the country’s previous presidents.”
Mahadeal will be done through virtual meeting and digital signature
According to diplomatic sources, in view of this sensitive environment, representatives of America and Iran will attend a high-level virtual meeting with the mediator countries (Pakistan and Qatar) instead of sitting face to face at any place. The MOU will be signed electronically during this online meeting.
Pakistan Prime Minister Shahbaz Sharif has also confirmed that the deal process will be finalized within the next 24 hours, after which the next round of technical level talks between the two countries will begin from next week. Along with this, the British and French navies will also be active on this route, which will work to remove dangerous landmines laid in the sea so that the movement of merchant ships can be completely safe.
Suspense still remains on the nuclear issue
Even though both the countries seem to have agreed on stopping the war, the large stock of enriched uranium possessed by Iran still remains the most complicated and sensitive part of this entire deal. Iranian officials have made it clear that at present this agreement is limited only to stopping the current war and extending the period of ceasefire, no talks are being held on any kind of nuclear issue at this stage.
On the other hand, President Trump’s stance on this is quite aggressive. He has clearly said in a warning tone that as soon as the situation is completely calm, we will first work on destroying that nuclear dust, whether it is in Iran or America. He also made it clear that if there is any delay or reluctance from Iran’s side in implementing this peace agreement, then military options are always open for America.
What will be the impact of this deal on the whole world including India?
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There will be a big fall in crude oil prices: A large part of the world’s total crude oil and natural gas trade passes through the Strait of Hormuz alone. As soon as this route is safely reopened, the prices of crude oil in the international market will fall rapidly, due to which developing countries like India can get a huge relief from the rising prices of petrol and diesel at the domestic level.
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Global economy will get strength: Due to this tension that has been going on for the last several weeks, the recession and uncertainty that was prevailing in the global stock markets and business will go away.
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Further strategy will be made in G7 summit: President Trump has indicated that he will sit down with the top leaders of Egypt, Qatar and the UAE during the upcoming G7 summit to outline a major discussion on turning the ceasefire into a permanent peace agreement and restoring the security of the Middle East after the war.