Pakistan mediates US-Iran nuclear deal: $20B frozen Iranian funds for enriched uranium stockpile, IAEA oversight, talks advance toward MOU in Islamabad.

Pakistan, led by Prime Minister Muhammad Shehbaz Sharif and Field Marshal Syed Asim Munir, is facilitating backchannel negotiations between the “United States and Iran in Islamabad following a 15-day ceasefire“. The discussions center on the US releasing $20 billion in frozen Iranian funds in exchange for Iran’s enriched uranium stockpile, including 450kg at 60% purity, with down-blending, shipping to a third country, and enrichment limits under IAEA monitoring. President Donald J. Trump praised Sharif and Munir on Truth Social, and talks are advancing toward a memorandum of understanding and broader agreement.