Iran confirms a memorandum of understanding with the US was signed digitally, delaying in-person negotiations in Switzerland.
Iran’s Foreign Ministry said a planned meeting with US officials in Switzerland was postponed after both sides digitally signed a memorandum of understanding to end hostilities. The ministry added that preparations for a new meeting are underway, with talks focused on finalizing an agreement contingent on implementing agreed terms.
The White House earlier stated that Vice President JD Vance delayed his trip to Switzerland, citing logistical challenges. Switzerland remains ready to facilitate future discussions, while Tehran insists on seeing the MOU’s terms implemented before proceeding. The US Dollar strengthened against the Swiss Franc amid the developments.
Diplomatic efforts continue, though no immediate market reaction was reported.