Islamabad, June 18 -- Prime Minister Shehbaz Sharif has signed the Islamabad Memorandum of Understanding between Iran and the United States in his capacity as a mediator, according to an official statement from the Prime Minister's Office.

The signatures of U.S. President Donald Trump and Iranian President Masoud Pezeshkian were already present on the document before the final mediation endorsement by Pakistan, Pakistan media said quoting the statement of PMO.

According to the statement, the agreement was described as having been concluded ahead of schedule, with both sides agreeing to end hostilities and reopen the Strait of Hormuz. It further claimed the memorandum had already come into effect.

President Donald Trump signed a copy of t...