Overview
- The framework reported Wednesday proposes a $300 billion private Reconstruction and Development Fund that is separate from talks on sanctions relief and frozen Iranian assets.
- Multiple sources say more than $150 billion in investor commitments have been secured so far from firms across the United States, Gulf states, Asia, South America and Africa.
- US officials including Vice President JD Vance say Iran would gain access to the capital only after a final agreement is signed and Tehran meets rigorous nuclear oversight and enforcement conditions.
- Negotiators expect a 60-day memorandum of understanding to let fund administrators and officials work out project selection, credit lines, loan guarantees and legal safeguards before any money flows.
- If implemented the fund would target energy, transport and industrial rebuilding in Iran and could channel private capital around state-to-state compensation or direct public financing.