Iran deal includes $300 bil. fund, more than half of which already committed, source says
A roadside billboard displaying portraits of Pakistan's Chief of Army Staff Field Marshal Asim Munir and Prime Minister Shehbaz Sharif, following a deal between the U.S. and Iran, in Islamabad, Pakistan, Tuesday. The memorandum of understanding, once signed, is intended to structure the process over the next 60 days."It'll only be created once the final deal is signed," the source said. "During these 60 days the fund administrators will work with Iranians and investors to plan and scope projects."Iran's foreign ministry and Pakistan's foreign ministry, which helped mediate the investment fund deal, did not immediately respond to requests for comment.
- ▪A roadside billboard displaying portraits of Pakistan's Chief of Army Staff Field Marshal Asim Munir and Prime Minister Shehbaz Sharif, following a deal between the U.S. and Iran, in Islamabad, Pakistan, Tuesday.
- ▪The memorandum of understanding, once signed, is intended to structure the process over the next 60 days."It'll only be created once the final deal is signed," the source said.
- ▪"During these 60 days the fund administrators will work with Iranians and investors to plan and scope projects."Iran's foreign ministry and Pakistan's foreign ministry, which helped mediate the investment fund deal, did not immediately resp
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| Original publisher | Korea Times |
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| Publication time | Wed, 17 Jun 2026 06:47:03 GMT |
| Retrieval time | 2026-06-17T06:50:08.693Z |
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A roadside billboard displaying portraits of Pakistan's Chief of Army Staff Field Marshal Asim Munir and Prime Minister Shehbaz Sharif, following a deal between the U.S. and Iran, in Islamabad, Pakistan, Tuesday. Retuers-YonhapDUBAI — A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters.The fund is designed to give both sides an economic incentive to conclude a final deal, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.U.S.
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