Bern, June 16 -- The signing of a Memorandum of Understanding (MoU) on the US-Iran peace deal aimed at ending hostilities in West Asia is scheduled to take place on Friday, June 19, at Burgenstock in the Swiss canton of Nidwalden, the Swiss Foreign Ministry said on Tuesday.

A spokesperson for the Swiss Federal Department of Foreign Affairs (FDFA) said that the confederation has been engaged in diplomatic consultations with the concerned stakeholders, including Iran, the US and Qatar, regarding the proposed signing of the agreement.

"For several days now, the FDFA has been in close contact with the United States of America, Iran, Pakistan and Qatar regarding the possible signing of the Memorandum of Understanding between the US and Iran ...