Iranian President Masoud Pezeshkian yesterday defended a memorandum of understanding as the best way for the country to move beyond what he described as a situation of “neither war nor peace” with the US.
“There is not a single provision in this agreement that amounts to capitulation,” Pezeshkian said in a speech published by the state-run Islamic Republic News Agency. “The supreme leader sets the policies, and we will follow that path.”
The memorandum of understanding that US President Donald Trump signed in June set a 60-day deadline for ending the war with Iran and reaching an accord on its nuclear program. That period ended last week, but no signs of compromise have emerged, especially on the crucial issue of reopening the Strait of Hormuz, vital to global shipping.
Photo: AP
Pezeshkian also linked the agreement to Iran’s economic prospects, saying the country could not attract investment in this stalled phase.
Nearly six months into the war with the US and Israel, Iran’s economy is suffering under sanctions and a naval blockade.
Meanwhile, the new leader of the Iranian Supreme National Security Council warned Tehran’s neighbors against joining the new US effort to hurt Iran’s economy.
“If [Trump] wants to do something, we will retaliate in a seismic manner,” Mohsen Rezaei said in an interview with state-run Islamic Republic of Iran Broadcasting that aired on Saturday.
Rezaei was named this month as part of senior appointments widely seen as hardening Tehran’s political and military stance. His interview is his most extensive public statement since then.
Rezaei said Iran would target oil-shipping routes out of the Persian Gulf — alternatives to the Strait of Hormuz — if neighbors join what he described as the economic war against Iran.
Pakistani Field Marshal Asim Munir is today leading an official delegation traveling to Tehran, Iranian state television reported, citing Iranian Ministry of Foreign Affairs spokesman Esmail Baghaei.
Two regional officials said the visit was part of Islamabad’s ongoing efforts to de-escalate tensions between the US and Iran, and urge both countries to return to the negotiating table.
The officials spoke on condition of anonymity because they were not authorized to discuss the matter publicly.
Taiwan, which accounts for more than half of the global outsourced semiconductor assembly and testing market, is well-positioned to develop copackaged optics (CPO) and manufacture precision silicon photonics chips, the Ministry of Economic Affairs said yesterday. Silicon photonics are emerging as a mainstream optical communications technology and is seen as key to overcoming bottlenecks in AI computing power. The technology is a key project under the government’s New 10 Major AI Infrastructure Projects, with industry, government, academia and research institutions working to overcome critical technological hurdles and build a self-reliant silicon photonics supply chain, the ministry said. Nvidia Corp in March invested US$4
An unauthorized drone intrusion over Ching Chuan Kang Air Base (清泉崗基地) at Taichung International Airport on Tuesday night forced the temporary closure of the base, diverting eight fighter jets and delaying a commercial flight, authorities said. Air Force Command Headquarters said that clear weather had allowed for scheduled night training exercises, but after a drone was spotted entering the airspace, the control tower declared an emergency closure of the airport, forcing eight Indigenous Defense Fighter jets in the air to divert and land at Hsinchu Air Base (新竹基地). Taichung airport director Chang Jui-shu (張瑞澍) said the airspace intrusion lasted from 7:37pm to
The air force plans to build 26 more hardened aircraft shelters as the number of F-16Vs stationed along Taiwan’s east coast is expected to reach 120 when the final shipment of 66 jets procured from the US arrives. The incoming jets would be stationed at Chihhang Air Base in Taitung County, augmenting the F-16V Block 20s operated by the 5th Tactical Fighter Wing in Hualien County, officials said yesterday. The air force plans to allocate more than NT$6.88 billion (US$218.1 million) from next year to 2031 to build the shelters in Hualien and Taitung as part of the implementation of a “one
Indonesian rescuers searched for eight people who went missing at sea while heading to a volcanic island to report on an eruption there, officials said yesterday. Anak Krakatau initially erupted for about 25 hours over the weekend, and it has since continued to erupt intermittently with explosions ejecting lava, ash and incandescent volcanic material from the crater, the Indonesian Geology Agency said in a statement. A speedboat carrying five photojournalists, two crew members and a route guide lost contact after leaving Carita, a coastal town in Banten Province, for the volcanic island, Banten Province Search and Rescue Office Chief Al Amrad said. He