Historic Euronest Meeting in Baku: an important step in EU-South Caucasus relations and an important contribution to political dialogue in the region.

Updated on 13 June at 1330 CEST=========================== Source quoting Pakistani prime minister Shehbaz Sharif, says the text of a Memorandum between the US and Iran has been agreed, and is likely to be signed in the next 24 hours. Iranian sources are saying that the Memorandum is likely to be signed remotely. ==================== The United States and Iran signaled on Friday that an agreement to end their war was close, with a senior U.S. administration official saying both sides had agreed on a text and that Washington ​expects to sign an initial deal in the coming days. There are reports that the two sides will meet in Geneva in the coming 3-4 days. iAccording to the BBC, the agreement  includes reopening the Strait of Hormuz, Iran's Foreign Minister has said. Seyed Abbas Araghchi told state TV the deal also includes the lifting of a US blockade of Iran, but that talks on Iran's nuclear programme would begin later. US officials have confirmed some of the details of the agreement, saying economic benefits for Iran would depend on Tehran meeting its obligations. The war began with US and Israeli strikes across Iran on 28 February, prompting Iran to attack Israel and US-allied states in the Gulf - as well as effectively closing the Strait of Hormuz, a key shipping route for the world's oil and liquefied gas. Trump says there is "no such thing as dealing in good faith" when it comes to negotiating with the Iranians Despite having agreed a ceasefire in April, the US and Iran have exchanged intermittent fire, including two rounds of tit-for-tat strikes this week. US President Donald Trump said on Thursday that he had cancelled "scheduled attacks" against Iran, because negotiators had "just made a great settlement" - a deal that was likely be to signed imminently. On Friday, Iranian media published some details from the alleged 14-point deal which Trump said had "nothing to do with the terms that were agreed to" and "bears no relation to the truth".