Washington/Tehran, May 9 -- As White House is expecting a response from Iran on a proposed plan to end the conflict, reports have emerged that talks between the United States and Iran could resume as early as next week in Pakistan's capital Islamabad.

The Wall Street Journal, citing people familiar with the matter, reported that both sides are working with mediators to draft a one-page, 14-point memorandum of understanding. The proposed framework would set the stage for a month-long negotiation process aimed at ending the ongoing conflict.

The draft reportedly includes discussions on Iran's nuclear programme, easing tensions in the Strait of Hormuz, and the possible transfer of Iran's highly enriched uranium stockpiles to another country....