The Guardian reports
Syrian Democratic Forces (SDF) fighters would pull back from Turkey’s proposed 20-mile (32km) deep “safe zone” on its border, Pence told reporters in Ankara on Thursday evening after hours of meetings with Turkish officials.
“It will be a pause for 120 hours while the US oversees the withdrawal of the YPG [a Kurdish unit within the SDF] … Once that is completed, Turkey has agreed to a permanent ceasefire,” Pence said, adding that preparations were already underway.
The arrangement, however, appeared to be a significant US embrace of Turkey’s position in the weeklong conflict, and did not publicly define the safe zone’s borders.
General Mazloum Kobane of the SDF confirmed the ceasefire deal in comments to local television on Thursday night, but said it only applied to the area between the towns of Tal Abyad and Ras al-Ayn, both of which have seen heavy fighting.
Erdoğan is due to meet his Russian counterpart, Vladimir Putin, in Sochi on Tuesday, where it is expected more concrete talks on the size of Turkey’s planned buffer zone will take place.
A statement released after the meeting reiterated the US understanding of Turkey’s need for a safe zone which will be “primarily enforced by the Turkish Armed Forces” after the Kurdish withdrawal, implying that Ankara still intends to occupy the 270m (440km) stretch of land, which includes several important Kurdish towns and parts of a major highway.
Likewise CBC says:
Analysts say Turkey is the clear winner here, essentially getting Trump's stamp of approval on what they sought from the beginning: a large swath of northern Syria serving as a buffer between Turkey and Kurdish-controlled territory.
Much of the outcome depends on whether Kurdish forces actually vacate a 30-kilometre-wide stretch from Manbij to the Iraqi border. But John Dunford, who works with the Institute for the Study of War, said for now Turkey gets what it wanted.
Likewise CNN (which has a video Pence's statement) comments
The deal appears to secure Turkey most of its military objectives, forcing America's one-time allies in the fight against ISIS -- Kurdish forces -- to cede a vast swath of territory, with one senior US official very familiar with operations in Syria telling CNN that the deal meant the US was "validating what Turkey did and allowing them to annex a portion of Syria and displace the Kurdish population."
The Turkish press certainly didn't report of it any other way:
Turkey's pro-government dominated media is hailing the U.S.-Turkish cease-fire deal in northeast Syria as a victory for Turkey's president.
Yeni Safak newspaper's banner headline on Friday hailed a "Great Victory." It wrote: "Turkey got everything it wanted."
Sabah newspaper's headline read: "We won both on the field and on the (negotiating) table."
The EU now seems to have taken a position (although it's unclear in what capacity Tusk was speaking):
EU Council President Donald Tusk says the “so-called” Syria cease-fire is “a demand of capitulation of the Kurds” and called on Turkey to immediately halt its operation in northern Syria.
So is there any other way to read this than the US agreeing with the Turkish demands? (But Turkey still has to get Putin's approval. The 120-hour ceasefire coincides to end with Erdogan's planned visit to Moscow next week.)