Exclusive-Iran deal includes $300 billion fund, more than half of which already committed, source says
- A $300 billion private "Reconstruction and Development Fund" is in the U.S.-Iran framework to spur investment in Iran — and more than half the money has already been privately committed by firms across the U.S., Gulf, Asia, South America and Africa.
- The fund (no government grants) is meant as an economic incentive to clinch a final deal to end the war and reopen the Strait of Hormuz, with pledges aimed at energy, logistics, manufacturing, transport and reconstruction.
- A 60-day memorandum will scope projects and investors, and the fund only becomes operational after a final deal; it’s separate from negotiations over sanctions relief and frozen Iranian assets.