Explanation

• Largest Arms Exporter: USA
• Second Largest: Russia
• Third Largest: France
• Main Buyers: Middle East, Europe, Asia
• Main Products: Fighter jets, missiles, defense systems, military technology

Last verified on 16-06-2026

Explanation

The Islamabad Memorandum of Understanding (MOU) signed between the US and Iran on June 17, 2026, established a 60-day timeframe.

US President Donald Trump signed the MOU at the Palace of Versailles in Versailles, France on the sidelines of G7 summit. 

It was primarily brokered by Pakistan, with Qatar, Saudi Arabia, Turkey and Egypt also facilitating negotiations.

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Explanation

The Islamabad Memorandum of Understanding (MOU) signed between the US and Iran on June 17, 2026, established a 60-day timeframe.

It was primarily brokered by Pakistan, with Qatar, Saudi Arabia, Turkey and Egypt also facilitating negotiations.

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Explanation

Starting in June 2026, new U.S. dollar bills will feature the signatures of President Donald J. Trump and Treasury Secretary Scott Bessent.

Note: This is the first time in history that a sitting U.S. president's signature will appear on the nation's banknotes.

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Explanation

• The USA–Iran conflict was stopped through mediation by Pakistan in 2026.
• Prime Minister Shehbaz Sharif played a key diplomatic role.
• A 14-point Memorandum of Understanding (MoU) was signed on 18 June 2026.
• The agreement was signed between US President Donald Trump and Iran President Masoud Pezeshkian.
• The conflict lasted for 110 days before de-escalation.

Last verified on 21-06-2026