A $300 billion private investment fund designed to attract capital to Iran is part of the U.S.-Iran framework agreement, with more than half the money already committed, Reuters reported on Tuesday, citing a source with direct knowledge of the deal.
Private Fund Meant To Push Final Deal The fund is meant to give Washington and Tehran an economic incentive to reach a final agreement, the source told Reuters.
The person spoke on condition of anonymity because the plan has not been formally announced as the two sides prepare to sign a memorandum on Friday.
The source said the fund is a private investment vehicle, not a reparations or reconstruction grant program.
It would not include government money.
