BlockBeats News, June 12th, according to CNN, three sources familiar with the matter revealed that the signing ceremony of the US-Iran Memorandum of Understanding is most likely to take place in Geneva, Switzerland. US President Trump made a high-profile announcement on Thursday local time of a "great reconciliation plan" aimed at ending the war with Iran, stating that it will be finalized in the coming days.

He stated that the signing ceremony is expected to take place soon in Europe, with Vice President Pence in attendance. However, Iranian officials have not confirmed any agreement has been reached. Two sources familiar with the diplomatic negotiations noted that Geneva was chosen as the location for the signing ceremony—not far from where Trump and the US delegation will attend the French G7 Summit next week. One of them stated that the signing ceremony would mark the beginning of the "second phase" of diplomatic negotiations, where all parties will start implementing the Memorandum of Understanding.

Several other sources mentioned that the memorandum is named the "Islamabad Declaration" to acknowledge Pakistan's key role in mediating. However, everything is still subject to finalization. An Iranian source revealed that the Austrian capital, Vienna, is also among the alternative locations.