US-Iran peace deal framework: Who will pay $300 billion to help rebuild war-hit Tehran?
Here's a "billion-dollar" question: Who pays $300 billion to help Iran rebuild and reconstruct following mass destruction due to the intense US and Israeli-led bombing
Here's a "billion-dollar" question: Who pays $300 billion to help Iran rebuild and reconstruct following mass destruction due to the intense US and Israeli-led bombing campaign? After US President Donald Trump dismissed reports about the US "paying Iran 300 million Dollars" as "Fake News," Reuters claimed on Tuesday that the US-Iran deal to end months-long war includes $300 billion fund, more than half of which is already committed. A leaked draft of the 14-point agreement, the full text of which was published by the Time magazine, indicated that Tehran, providing it meets commitments related to its nuclear program in further negotiations down the line, may be able to tap into a $300 billion development fund. As per the report, the sixth point in the agreement read, "The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic of Iran, while ensuring financing of at least $300 billion. The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days." The agreement between the US and Iran will be signed Friday. Who will pay the $300 billion fund to rebuild Iran? The agreement does not detail whether the US alone will finance $300 billion or whether other countries will be party to it.
But several reports and US Vice President JD Vance suggested that the proposed $300 billion fund under consideration by the Trump administration for Iran would be financed by private companies looking to invest in the country. The administration emphasised that this money wouldn’t come from US taxpayers, CNN reported. Instead, it would be money from other Gulf countries that would only be available if Iran complies with a peace deal. JD Vance recently spilt some tea over reports suggesting a possible reconstruction fund worth as much as $300 billion to Iran as part of the deal. The vice president made clear that the funds meant for Iran’s reconstruction will only be paid upon Iran meeting certain requirements. He hinted at conditional and possible investments from the very Gulf states Iran targeted with drones and missiles throughout the war. Vance told CBS News on Monday the $300 billion reconstruction fund was “the sort of thing they [Iran] could have access to, funded by the Gulf Coast Coalition, so long as they honour their end of the obligation.” "...we absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and is really open to inspections and enforcement regime that gives the American people confidence they're never going to have a nuclear weapon," Vance told CBS News.
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