Iran and the US have received a ceasefire plan that could take effect as early as today: What is in the "Islamabad Agreement"?

According to the same information, the framework plan was drafted by Pakistan and exchanged overnight between Tehran and Washington. It involves a two-step approach that entails an immediate ceasefire, followed by a comprehensive agreement.

"All elements must be agreed upon today," stated a source, adding that the initial agreement would be formalized as a memorandum of understanding and electronically concluded with Pakistan's mediation, which currently serves as the sole communication channel in the negotiations.

The Axios portal previously reported that the United States, Iran, and regional mediators are considering the possibility of a 45-day ceasefire as part of a two-step agreement that could lead to a permanent end to the war.

The source notes that Pakistan's Army Chief, Asim Munir, was in contact throughout the night with U.S. Vice President JD Vance, Special Envoy Steve Witkoff, and Iranian Foreign Minister Abbas Araqchi.

According to the proposal, the ceasefire would take effect immediately, along with the reopening of the Strait of Hormuz, while a broader agreement would be finalized within the next 15 to 20 days. The plan, informally referred to as the "Islamabad Agreement," would include a regional framework for managing the strait, with final negotiations to be held in Islamabad.

Officials from the United States and Iran have not yet commented on these claims, while the spokesperson for Pakistan's Ministry of Foreign Affairs, Tahir Andrabi, declined to issue a statement.

Iranian officials have previously conveyed that Tehran is seeking a permanent ceasefire with guarantees of no new attacks from the U.S. and Israel. They also noted that they have received messages from mediators, including Pakistan, Turkey, and Egypt.

According to available information, the final agreement could include Iran's commitment not to develop nuclear weapons, in exchange for the easing of sanctions and the release of frozen assets.

However, sources from Pakistan claim that Iran has not yet given a final response, despite intense diplomatic and military contacts.

"Tehran has not yet responded," said one of the sources, adding that proposals supported by Pakistan, China, and the United States have so far not received official confirmation.

U.S. President Donald Trump has publicly insisted in recent days on a swift end to the conflict, warning of consequences if a ceasefire is not achieved in the short term.