Iran unveils content of its 10-point plan for ceasefire negotiations

Iran has rejected all the plans put forward by the United States and drawn up a 10-point proposal of its own, which was delivered to the United States through Pakistan, its Supreme National Security Council said in a statement early on Wednesday.

The demands in Iran's proposal include coordination with Iran's armed forces to control passage through the Strait of Hormuz, an end to hostilities against members of the "axis of resistance," withdrawal of U.S. combat forces from regional bases and deployment points, and establishment of a secure transit protocol in the Strait of Hormuz, and ensuring Iran's dominant role, according to the statement.

Other points call for full compensation to Iran for war damages, lifting of primary and secondary sanctions and related UN resolutions, release of frozen Iranian assets abroad, acceptance of Iran's uranium enrichment program, termination of relevant UN and IAEA resolutions, and cessation of fighting on all fronts, including Lebanon.

The statement also said that all these matters should be approved in a binding UN Security Council resolution.

It stressed that any agreements reached in negotiations would become binding international law and represent a major diplomatic victory for the Iranian nation.

The statement said talks will begin in Islamabad, capital of Pakistan, on April 10, with Iran allocating two weeks for the negotiations, which could be extended by mutual agreement.

The statement called on all Iranian people to trust and support the process overseen by the country's top leadership, and to strictly avoid divisive rhetoric. It also said that if the negotiations fail, Iran is prepared to fight.

Iran has achieved almost all of its objectives in the war, and the enemy has "suffered a historic and total defeat," the statement said.

The statement also said that Iran will "continue the struggle until the great achievements are consolidated and a new security and political order is established in the region."

U.S. stocks ended mixed on Tuesday.

The Dow Jones Industrial Average fell by 85.42 points, or 0.18 percent, to 46,584.46. The S&P 500 added 5.02 points, or 0.08 percent, to 6,616.85. The Nasdaq Composite Index increased by 21.512 points, or 0.10 percent, to 22,017.849.

Six of the 11 primary S&P 500 sectors ended in green, with communication services and energy leading the gainers by going up 1.04 percent and 0.78 percent, respectively. Meanwhile, consumer staples and consumer discretionary led the laggards by dropping 1.76 percent and 0.91 percent, respectively.