Pakistan mediates peace plan between United States Iran and Israel according to Reuters
Pakistan emerges as a key diplomatic channel in ceasefire efforts between the United States, Iran and Israel, according to Reuters

A Pakistan-formulated peace plan aimed at ending escalating tensions between the United States, Iran and Israel has been presented to all sides, according to Reuters, as diplomatic efforts intensify to broker a ceasefire.

Sources familiar with the matter told Reuters that mediators are pushing for an immediate halt in hostilities that could come into effect as early as Monday, alongside the reopening of the strategically vital Strait of Hormuz.

Two-phase ceasefire plan under discussion

The proposal outlines a two-tier framework beginning with an immediate ceasefire, followed by a broader political settlement within weeks.

A separate report by Axios noted that discussions include a potential 45-day ceasefire as part of a phased agreement that could lead to a permanent end to the conflict.

However, sources told Reuters that the chances of reaching an initial understanding within the next 48 hours remain limited.

“There are lesser chances of reaching an initial understanding in the next 48 hours,” a source said, describing the effort as the “only opportunity” to prevent further escalation.

Pakistan emerges as key diplomatic channel

According to Reuters, Pakistan has assumed a central role as the sole communication channel between Washington and Tehran in the latest round of negotiations.

A draft framework to end hostilities has already been exchanged between the parties through backchannel diplomacy facilitated by Islamabad, sources said.

The initial understanding is expected to be formalised as a memorandum of understanding (MoU), potentially finalised electronically through Pakistan.

‘Islamabad Accord’ framework

The proposed agreement—tentatively referred to as the “Islamabad Accord”—includes:

The framework also envisions a broader regional mechanism to ensure maritime stability in the Gulf.

According to Reuters sources, the final agreement is expected to include Iranian commitments not to pursue nuclear weapons.

In return, Tehran could receive:

  • Sanctions relief
  • Release of frozen assets
  • Security guarantees against future attacks

Iranian officials have previously told Reuters they are seeking a permanent ceasefire backed by guarantees from the United States and Israel.

Regional mediation efforts

Reuters also reported that Iran has received messages from multiple mediators, including Turkey and Egypt, alongside Pakistan.

There has been no immediate official response from Washington or Tehran regarding the proposed plan.