GENEVA : Addressing the National Assembly, Prime Minister Shehbaz Sharif said the agreement represents not merely a deal between two nations, but a triumph of diplomacy and dialogue over conflict. He described the breakthrough as a “historic milestone” that brings an immediate and permanent end to military action following 107 days of war between the United States and Iran.

The peace accord is scheduled to be formally signed on June 19 in Geneva, with Pakistan playing a central role in facilitating the negotiations that led to the agreement. Sharif said the development ushers in a new era of peace after three months and 16 days of sustained diplomatic efforts, including initiatives aimed at ending hostilities across the region, including Lebanon.

The announcement follows confirmation by US President Donald Trump that Washington and Tehran had finalized an agreement to end the conflict, which triggered a global energy crisis and sent shockwaves through international markets.

Sharif praised the leadership of both countries for demonstrating patience and wisdom throughout the difficult negotiations, resulting in a breakthrough that he said would be welcomed across the world.

Calling it a day of pride for Pakistan, the prime minister said the country’s role as a mediator helped bridge communication between Washington and Tehran and facilitated diplomatic efforts to secure a ceasefire and eventual peace agreement.

He also assured citizens that the government would work to ensure that the benefits of renewed global economic stability are felt across Pakistan. According to Sharif, the war had significantly affected the country’s economy, and the restoration of peace could help ease economic pressures and improve prospects for growth.

The premier paid tribute to Pakistan’s military leadership, particularly Field Marshal Asim Munir, for his role in supporting peace efforts. Sharif said there were several moments during negotiations when hopes for a settlement appeared to fade, but continued diplomatic engagement ultimately paved the way for the ceasefire announced on Sunday night.

He also acknowledged the support of the country’s political leadership, including former Prime Minister Nawaz Sharif, President Asif Ali Zardari, Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari, and other political figures who backed the government’s efforts to secure peace.

Earlier on Monday, Sharif announced on social media that a peace deal had been reached and confirmed that the formal signing ceremony would take place in Switzerland on June 19.

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