Efforts for peace in Middle East continue, Pakistan PM says

Addressing a Cabinet meeting, Sharif said negotiations between Washington and Tehran earlier this month, which were hosted in Islamabad, lasted for 21 hours, with Pakistan playing an active behind-the-scenes role.

"Our efforts for peace continue consistently and will continue," Sharif told the government ministers.

He praised the efforts of Foreign Minister Ishaq Dar, Chief of Army Staff Field Marshal Asim Munir and Interior Minister Mohsin Naqvi, who met both sides and facilitated the talks.

Sharif said he also held a detailed two-hour meeting with Iran’s Foreign Minister Abbas Araghchi, who visited Islamabad on Friday and then briefly returned again on Sunday from Muscat, before leaving for Moscow.

The premier said Araghchi assured him he will respond to Pakistan after discussions with the Iranian leadership.

Highlighting the broader impact of the crisis, he warned that rising oil prices are adding to global economic pressures. “We are facing a challenging situation,” he said.

Sharif said Islamabad recently repaid $3.5 billion loan to the UAE, and thanked Saudi Crown Prince Mohammed bin Salman for assistance in this regard. Riyadh recently approved a new $3 billion loan and extended an existing $5 billion deposit.

The US and Israel began strikes on Iran on Feb. 28, prompting retaliation from Tehran against US allies in the Gulf, and closing the Strait of Hormuz.

A ceasefire was announced on April 8 through Pakistani mediation, followed by talks in Islamabad on April 11, but an agreement could not be reached.

Trump later said the truce had been extended at Pakistan’s request, pending a proposal from Tehran.

Iran is said to have proposed to reopen the Strait of Hormuz while leaving questions about its nuclear program for later negotiations.