Key facts
- The UK, France, Germany, and Italy are ready to lift sanctions on Iran if it takes verifiable steps on its nuclear program.
The UK, France, Germany, and Italy are prepared to lift sanctions on Iran if it takes verifiable steps on its nuclear program, following reports of a concluded US-Iran deal. Pakistan's PM announced a signing ceremony for June 19 in Switzerland.

The potential lifting of sanctions on Iran and the resolution of the US-Iran conflict could significantly alter regional stability, impact global energy markets, and reshape international relations concerning nuclear proliferation.
The United Kingdom, France, Germany, and Italy have indicated their readiness to lift sanctions on Iran, contingent upon the latter taking verifiable steps regarding its nuclear program. This development follows reports of a concluded deal between the United States and Iran.
Pakistan's Prime Minister, Shehbaz Sharif, announced that a "peace deal" between the US and Iran has been finalized, with a signing ceremony scheduled for Friday, June 19, in Switzerland. US President Donald Trump confirmed the agreement, stating it is complete and signaling an end to Washington's naval blockade in the Strait of Hormuz.
The E4 nations collectively stated, "Iran must never acquire a nuclear weapon," and expressed their willingness to collaborate with the US, Iran, and the International Atomic Energy Agency (IAEA) to achieve this objective. Their joint statement also called for the unrestricted opening of the Strait of Hormuz and affirmed the sovereignty and territorial integrity of Lebanon.
According to the Secretariat of Iran’s Supreme National Security Council, the agreement includes an immediate and permanent suspension of hostilities on all fronts, including Lebanon, and the complete cessation of the US naval blockade against Iranian ports. The council also noted that negotiations for a final agreement would be postponed until the other party fulfills its obligations under the Memorandum of Understanding.
UN Secretary-General Antonio Guterres welcomed the announced deal as a "critical step" towards the peaceful settlement of the conflict. French President Emmanuel Macron also expressed support, emphasizing the need for the urgent and unconditional reopening of the Strait of Hormuz.