Ishaq Dar, Pakistan’s Deputy Prime Minister and Foreign Minister, has announced that no transit fee or service charges will be imposed in the Strait of Hormuz for the next 60 days.
Speaking in an interview with Al Arabiya, Dar said this decision is part of ongoing diplomatic efforts between the United States and Iran. He said Pakistan played an important role in helping both countries start talks.
According to Dar, Pakistan managed to bring the US and Iran to the same table for the first time in 47 years. He said Islamabad worked closely with its partners and allies to support peace efforts.
Dar confirmed that during the 60-day period, there will be no transit or service charges in the Strait of Hormuz. He said both types of fees have been waived to support smoother trade and movement in the region.
The Strait of Hormuz is one of the world’s most important oil routes. Any disruption there can affect global trade and fuel prices. Dar said the earlier conflict between the US and Iran had serious effects on the world economy.
He described the past tensions as damaging and warned that continued instability could hurt markets further. He stressed the need for peace and dialogue to avoid economic risks.
Dar also shared details about the current talks. He said three technical teams are working on major issues. These include Iran’s nuclear program, frozen financial assets, and the situation in Lebanon.
He added that technical committees are actively discussing solutions. These teams are part of a wider negotiation process aimed at reaching a long-term agreement.
Meanwhile, Qatar confirmed the start of fresh US-Iran talks in Switzerland. The discussions are focused on ending conflict in the Middle East.
In other news read more about Iran Announces Closure of Strait of Hormuz After Fresh US Strikes
Qatar’s foreign ministry announced the launch of the “Lake Lucerne Summit.” The summit includes officials from the US, Iran, Qatar, and Pakistan, aiming to build peace and stability in the region.
