$XL2CSOPHYNIX(07709.HK) The United States and Iran have received a ceasefire proposal, which may take effect on the 6th. Pakistan has drafted a framework plan to end the conflict and has communicated with the US and Iran. The plan proposes an immediate ceasefire and the reopening of the Strait of Hormuz first, followed by a final agreement within 15 to 20 days. The final agreement may include Iran's commitment not to seek nuclear weapons in exchange for the lifting of sanctions and the unfreezing of frozen assets.