The emerging peace agreement between the United States and Iran will feature the full dismantling of Iran nuclear program along with US retrieval of enriched nuclear material from the country, according to a Reuters report that cites a senior US official on Friday.

The agreement, which is expected to cover reopening of the Strait of Hormuz, lifting of the US blockade on Iranian ports, and acquisition of enriched material by the United States, marks a vital move toward preventing Iran from obtaining a nuclear weapon, the official stated. The Reuters report notes that he added Iran commitment to never pursue development of a nuclear weapon.

Pakistani Prime Minister Shehbaz Sharif announced on Friday via social media that the two nations had agreed on the text of the deal.

The official said the deal meets the core goals of the United States and will ensure long-term peace in the region.

The official also expressed confidence that Israeli leaders will support the agreement once they review its complete terms.

If Iran meets the conditions, the official noted, it will gain economic rewards, with benefits provided only after actual delivery on commitments. He stressed that Iran will receive no advantages merely for signing the pact.

With Pakistani mediation, the current agreed text satisfies both the United States and Iran, the official said, and the United States anticipates signing within the next few days.

A roughly 60-day period of technical talks is expected to follow, possibly hosted in Europe, according to the official.

Trump decries Iranian leak of false information regarding terms of deal

US President Donald Trump accused Iran earlier on Friday of leaking false details about the potential terms in a social media post.

The terms that Iran leaked out to the Fake News have nothing to do with the terms that were agreed to, in writing, he asserted, adding that the leaked information bears no relation to the truth.

Trump stated that there is no such thing as dealing in good faith with the very dishonorable people responsible for spreading the leaked terms.