Tehran: A draft memorandum between Iran and the US has not yet been finalized, contrary to reports by some Western media outlets, a source close to the Iranian negotiating team said Thursday.

According to Anadolu Agency, Iran's semi-official Tasnim News Agency reported that the source indicated that reports suggesting the memorandum of understanding had been finalized and was awaiting official announcement by both sides 'do not reflect reality,' adding that 'the text has not yet been finalized.' The source emphasized that Iran has not informed the Pakistani mediator that the text has been finalized.

The source further mentioned that if the agreement is ultimately finalized, Iran would notify the Pakistani mediator and the public. Until then, any narrative by Western sources claiming the issue has been finalized is not credible, the source stated, as per Tasnim.

The Axios news website, citing American officials, reported that US and Iranian negotiators have reached a tentative agreement on a 60-day ceasefire extension and a framework for nuclear talks. The report also noted that President Donald Trump has not yet given his final approval to the memorandum of understanding, despite negotiators from both sides largely finalizing the terms.