| | JUNE 20269The United States and Iran have taken a significant step toward ending their recent conflict by signing a tem-porary online agreement aimed at halting hostilities and paving the way for a broader peace settlement. The accord was digitally signed by US President Donald Trump and Iranian President Masoud Pezeshkian, allowing both sides to quickly establish a ceasefire without the logistical and polit-ical challenges of a face-to-face meeting. However, the fragile agreement faced an early test when Trump warned that the United States would launch fresh military strikes if Iran failed to honor its commitments.Prime Minister Narendra Modi and US President Donald Trump instructed their teams to strive for a fair, advantageous, and commercially significant trade agreement as soon as possible.The Ministry of External Af-fairs (MEA) stated this on Thurs-day, following the first extensive discussions between the two leaders in 16 months at the G7 US-IRAN INTERIM ACCORD OPENS STRAIT OF HORMUZYOUNION APPOINTS SHARAT KUTTIKAT AS CHIEF CREATIVE OFFICER I think that our fundamental belief is that growth is a way of life and we have to grow at all times." -- Mukesh AmbaniSpeaking at a press confer-ence, Trump stated, "We're going to strike them hard if they break the deal." His remarks appeared to conflict with the first pro-vision of the 14-point accord, which commits both countries to refrain from the threat or use of force and to ensure an immedi-ate and permanent cessation of military actions.The interim agreement outlines a roadmap for achiev-ing a comprehensive settlement within 60 days. One of its key provisions requires the United States to allow the unrestricted movement of commercial ves-sels through the Strait of Hor-muz, a strategically vital ship-ping route. Under the terms of the deal, Washington is expected to end its naval blockade within 30 days, helping restore normal maritime trade and regional stability. Another major component of the agreement is Iran's renewed commitment not to pursue the development or acquisition of nuclear weapons. This pledge is expected to form a central pillar of future negotiations between the two countries.integration of renewable energy into its power framework. The schedules, issued by the Central Electricity Authority (CEA), will help synchronize generation, transmission, and distribution projects, reducing delays and improving coordination across the sector.The CEA said projects in mountainous regions may be granted longer construction timelines. According to infor-mation published on the CEA website, the National Committee on Transmission approved stan-dardized timelines for different configurations of Inter-State Transmission System projects during its 40th meeting on April 15, 2026. The initiative aims to enhance predictability, support coordinated grid growth, and strengthen reliability.Summit, aimed at revitalizing the troubled bilateral relations.US Trade Representative Jamieson Greer will visit India next week to advance discus-sions on the suggested trade agreement.During the meeting, Modi and Trump reiterated their dedication to enhancing the India-US Comprehensive Global Strategic Partnership and pro-moting collaboration in all areas for the mutual advantage of both nations and their citizens, according to the MEA."The leaders expressed par-ticular satisfaction regarding the substantial advancements achieved in negotiations for an interim bilateral trade agree-ment and directed their officials to strive for a balanced, mutual-ly advantageous, and commer-cially significant agreement as soon as possible," reports indi-cated.The two parties have already conducted a number of discus-sions regarding the suggested trade agreement.
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