'Hope It Restores Peace-Stability’: PM Modi Welcomes US-Iran Peace Understanding, Calls For Free Navigation And Commerce

PM Modi on Monday welcomed the understanding reached between the United States and Iran to end the conflict in West Asia, saying India hopes the agreement will help restore peace and stability in the region after months of violence and economic disruption.

In a post on X, PM Modi said that the conflict had caused serious economic disruptions across the world and resulted in the loss of lives in several countries.

"I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries," the Prime Minister wrote.

He expressed hope that the implementation of the understanding would contribute to lasting peace in the region and safeguard key international trade routes. "India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce," he said.

The Prime Minister also said that India looks forward to further discussions on unresolved issues leading to a sustainable and comprehensive agreement between the two sides.

"We look forward to deliberations on the remaining issues reaching a sustainable final agreement," PM Modi added.

PM Modi's response came after the United States and Iran announced that a deal aimed at ending months of conflict in West Asia will be signed at geneva on June 19. The proposed agreement is expected to pave the way for the reopening of key maritime route - the Strait of Hormuz, a vital artery for global energy supplies and international trade.

India has consistently called for dialogue and diplomacy to resolve tensions in the region, while emphasizing the importance of maintaining peace, stability and uninterrupted commerce through critical international waterways.

What US-Iran Agreement Includes - The 14 MoU Key Points 

According to US and Iranian officials, the framework agreement provides for an end to the war, the lifting of the US naval blockade of Iranian ports, and the reopening of the Strait of Hormuz — one of the world's most critical shipping routes for oil and gas supplies. Pakistani PM announced that the pact calls for the ‘immediate and permanent termination of military operations on all fronts, including in Lebanon’.

1. Immediate and permanent ceasefire across all fronts, including Lebanon.
2. Reopening of the Strait of Hormuz within 30 days.
3. End of the naval blockade against Iran.
4. US commitment not to interfere in Iran's internal affairs.
5. Withdrawal of US forces from areas surrounding Iran.
6. Suspension of oil and petrochemical sanctions.
7. Release of $24 billion in frozen Iranian assets.
8. No new sanctions or troop deployments during negotiations.
9. Iran reaffirms commitment not to develop nuclear weapons under the NPT.
10. Launch of 60-day negotiations on a final agreement.
11. Missile programme excluded from negotiations.
12. Final deal to be backed by UN Security Council resolution.
13. Reconstruction plans worth at least $300 billion from the US and allies.
14. Supervisory mechanism to oversee implementation.

Israel Rejects Withdrawal From Lebanon, Syria, And Gaza

Israel’s defense minister on Monday said that Israel won’t withdraw from land seized in Lebanon as the interim deal between Iran and the United States is pending.

Israel Katz’s remarks were the first official Israeli comments after the announcement of the interim deal. The two sides plan to meet Friday in Geneva to sign it, Pakistan has said.

Katz said Israel plans to stay “indefinitely” in lands it holds in Lebanon, as well as Syria and the Gaza Strip. Iran has tied the interim deal over the war to halting Israel’s attacks on Hezbollah in Lebanon.

(With inputs from AP)