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🇮🇷🇺🇸BREAKING: Iran has confirmed the US-Iran peace deal includes a $300 billion reconstruction and economic development fund, with more than half already privately committed according to a source with direct knowledge of the agreement.
The fund is structured as a private investment vehicle, not a government programme, and will contain no US government money. Companies from the US, Gulf Arab states, South Korea, Japan, Singapore, Malaysia, South America and Africa are among those that have committed financing across energy, logistics, manufacturing and transport.
The MoU commits the US and regional partners to develop a definitive plan with at least $300 billion for Iran's reconstruction, with the implementation mechanism to be decided over the 60-day negotiation period.
Iran had initially sought $400 billion in war damages from the US, which Washington rejected outright. The Reconstruction and Development Fund emerged from that impasse as a private investment alternative.
Access to the fund is conditional. Iran must dismantle its nuclear programme, eliminate its enriched uranium stockpile, and accept a stringent inspection regime before any financing flows.
Trump and Vance have both insisted no American taxpayer money is involved. The political backlash in Washington is already significant, with both Democrats and a handful of Republicans publicly opposing the commitment.