Report: $300 Billion Investment Fund Planned for Iran, with Half Already Pledged
A framework agreement between the United States and Iran reportedly includes plans for a private $300 billion fund aimed at driving investment into Iran, Reuters reported, citing a person with direct knowledge of the deal.
The source said more than half of the fund has already been promised through commitments from companies in the United States, Gulf states, Asia, South America, and Africa. The fund would only begin operating after the final agreement is signed.
According to the report, the vehicle would be run through a private mechanism with no government money involved. It would also be kept separate from talks over Iran’s frozen sovereign assets held abroad.
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