The United States and Iran are discussing the creation of a $300 billion investment fund as part of a peace agreement draft. This was reported by Qazaqyia.kz citing Kursiv Media.
Euronews reported this, citing a document published by Arabic-language media, the authenticity of which has not yet been officially confirmed by either Washington or Tehran. Reuters also mentions the $300 billion fund, citing its own sources familiar with the terms of the deal.
According to the draft terms, Iran declares that it renounces the development of nuclear weapons and confirms that it will not produce them. In response, the US and its partners offer financial incentives — including easing sanctions and creating a fund for recovery and development.
The draft also envisages a cessation of hostilities and a gradual lifting of sanctions. The resumption of navigation in the Strait of Hormuz within 30 days after the signing of the agreement is being discussed separately.
The document states that it concerns a development and reconstruction fund of at least $300 billion. The funds are planned to be used for restoring infrastructure, energy, and industry in Iran.
At the same time, the US does not plan to directly finance the fund. Possible investments may come from other countries and private investors, including the Gulf states.
US President Donald Trump stated that Washington will not invest in this mechanism and will not give Iran a single cent. At the same time, he allowed other countries to participate in investments if they wish.
The document has not yet been officially confirmed by either the US or Iran. However, it is known that it was discussed on the sidelines of the G7 summit and may be amended before final signing.
Earlier, Kursiv reported that Iran would transfer a plot in the port of the Strait of Hormuz to Kazakhstan, and that the IAEA is considering Kazakhstan as an option for storing Iranian uranium.
Yesterday, the Swiss Foreign Ministry stated that the peace agreement between the US and Iran will be signed at a hotel at the Bürgenstock resort in the Swiss Alps.