Ayesha Mir

Three days after peace talks in Switzerland concluded, developments are unfolding rapidly following what participants described as a positive outcome. On Monday, the US Treasury issued a 60-day sanctions waiver authorizing the production, delivery, and sale of Iranian oil until August 21. Under the waiver, Iran is permitted to sell its oil in US dollars on the global market at standard international prices.&nbsp;$2B over 60-day period&nbsp;Analysts estimate the waiver could generate between $37 million and $51 million in daily oil revenue for Iran, amounting to more than $2 billion over the 60-day period. Iran has already begun offering its crude oil to buyers in India, South Korea, and Japan, markets that have largely avoided Iranian oil in recent years due to sanctions. B&uuml;rgenstock talksThe B&uuml;rgenstock talks, mediated by Pakistan and Qatar, produced a 60-day roadmap toward a final agreement and established mechanisms aimed at ending fighting in Lebanon and maintaining commercial shipping through the Strait of Hormuz. Iranian President Masoud Pezeshkian&#39;s visit to Islamabad marked his first foreign trip since the war began on Feb. 28. According to his office, one of the primary objectives of the visit was to express appreciation to Pakistani Prime Minister Shehbaz Sharif for &quot;his mediation between Iran and the United States.&quot;During the visit, Iran and Pakistan reviewed full range of bilateral relations, including trade, energy, border security, and regional connectivity.

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Three days after peace talks in Switzerland concluded, developments are unfolding rapidly following what participants described as a positive outcome.

Peace talks show early results as Iran secures temporary oil sanctions waiver

Pakistan TV Satellite

Switzerland: Prime Minister Shehbaz Sharif and his delegation have arrived at the Burgenstock Resort in Switzerland to participate in the much-anticipated technical-level talks between the United States and Iran, according to Pakistan TV head Adil Shahzeb. Speaking from the venue, Adil Shahzeb said the Pakistani delegation includes Information Minister Attaullah Tarar and other senior government officials. Chief of Defence Forces Field Marshal Syed Asim Munir and Interior Minister Mohsin Naqvi have also reached the resort ahead of the negotiations.<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-6" scrolling="no" frameborder="0" allowtransparency="true" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-6&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=2068599432044802478&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Farticles%2F&sessionId=f3cc800cba5883030758f7d97271021ef55801b1&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=550px" style="position: static; visibility: visible; width: 550px; height: 648px; display: block; flex-grow: 1;" data-tweet-id="2068599432044802478"></iframe></div></div>He said delegations from Iran, Qatar and the United States are already present at the venue.&nbsp; The US delegation is being led by Vice President JD Vance, while the Iranian side includes Parliamentary Speaker Bagher Ghalibaf and Foreign Minister Abbas Araghchi. According to Adil Shahzeb, all participating delegations are currently engaged in separate in-house consultations before the formal talks begin. He said the technical-level negotiations are expected to commence within the next few hours. He added that Pakistan is also expected to hold bilateral meetings with the US, Iranian and Qatari delegations on the sidelines of the talks. Highlighting Pakistan TV&#39;s role in covering the developments, Adil Shahzeb said the state broadcaster has remained at the forefront of reporting on the diplomatic process from the very beginning.&nbsp; He said Pakistan TV provided extensive coverage of the Islamabad talks and is once again leading on-the-ground reporting from Burgenstock.&nbsp; Adil Shahzeb said Pakistan TV will continue to deliver live updates throughout the negotiations, regardless of how long the talks continue, ensuring audience received firsthand information on the progress of the discussions and Pakistan&#39;s mediation efforts.

Foreign Affairs

Speaking from the venue, Adil Shahzeb said the Pakistani delegation includes Information Minister Attaullah Tarar and other senior government officials. Chief of Defence Forces Field Marshal Syed Asim Munir and Interior Minister Mohsin Naqvi have also reached the resort ahead of the negotiations.

Articles tagged with "Burgenstock Resort"

Peace talks show early results as Iran secures temporary oil sanctions waiver

PM Sharif, CDF Munir reach Burgenstock Resort; talks to commence soon: Adil Shahzeb

Peace talks show early results as Iran secures temporary oil sanctions waiver