Trump Administration Reportedly Weighs $300 Billion Investment Fund for Iran's Reconstruction
The Trump administration is considering backing a $300 billion investment fund to help rebuild Iran, according to the Financial Times. The plan would be contingent on Tehran meeting the terms of a memorandum of understanding and accepting a final settlement that includes a new nuclear agreement.
Under the reported proposal, the fund would not be financed by governments. Instead, private companies would provide the capital if sanctions on Iran are lifted and the market opens to investment.
The report says the economic incentives would be phased in and tied to Iran fulfilling its commitments. Those commitments would include extending the ceasefire by 60 days, reopening the Strait of Hormuz, and making progress in talks over its nuclear program.
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