The Iran deal calls for the creation of a $300 billion fund.

The US-Iran Framework Agreement provides for the creation of a $300 billion private fund, which is intended to spur investment into the Iranian economy. More than half of this amount has already been secured by investor commitments, according to Reuters a source directly familiar with the content of the agreements.

According to the source, the fund is intended as an economic incentive for both sides to push negotiations toward a final agreement to end the war. The source spoke on condition of anonymity because the plan has not yet been officially announced: Washington and Tehran are preparing to sign the documents on June 19.

The fund's existence has been previously reported, but Reuters clarifies that more than half of the funds have already been confirmed and the entire fund will be formed exclusively from private capital.

On the subject: The US and Iran have reached a preliminary agreement to end the war: Trump ordered the lifting of the naval blockade of Iran.

On June 14, US and Iranian officials announced they had agreed on a framework to end the war that began on February 28 following US and Israeli strikes against Iran. The agreement includes lifting the US blockade and resuming shipping through the Strait of Hormuz, a key route for oil and gas supplies.

As the source explained, the new fund is an investment vehicle, not a restoration or compensation program. It does not include government funds or grants. Companies from the United States, the Gulf Arab States, Asia, South America, and Africa have agreed to provide funding.

Investments are planned to be directed into energy, logistics, industry and transport.

On June 17, US President Donald Trump rejected the interpretation that the fund is an American investment.

"We're not investing anything, not even 10 cents," he emphasized, noting that he's not asking the Persian Gulf countries to invest either: "I'd say they won't be in a hurry either," the American president said at the G7 summit in France.

Earlier, a White House spokesman cited Vice President J.D. Vance's interview with CBS, in which he said Iran would be able to access a $300 billion recovery fund backed by Gulf states if it complied with the terms of the agreement.

A senior Iranian source told Reuters that Tehran initially demanded $400 billion from the US in compensation for war damage, but Washington refused. This prompted the idea of ​​creating a reserve fund, planned to be called the Reconstruction and Development Fund.

According to an Iranian source, regional countries are expected to participate in the project in various ways: by providing loan guarantees, opening credit lines, or directly financing the restoration of facilities damaged during the war. This includes enterprises such as the Mobarakeh Steel complex, as well as oil refineries, airports, and other infrastructure.

Iran, one of the Middle East's largest economies, has attracted virtually no significant foreign direct investment over the past four decades, cut off from global capital markets by successive waves of US and international sanctions.

Iran has the world's second-largest proven natural gas reserves and fourth-largest oil reserves. The country has a population of over 92 million, a significant portion of whom are young and educated. The economy is diversified, and growth potential remains high, ranging from petrochemicals and mining to tourism and agriculture.

A source familiar with the agreement emphasized that the investment fund is not connected to the parallel negotiations on lifting US sanctions and unblocking Iranian state assets abroad. These are two separate financial mechanisms with different objectives and implementation timelines.

The fund will not be established or operational until the parties have concluded a final agreement. The signed memorandum of understanding should set the framework for the process over the next 60 days.

"The fund will only be established after the final agreement is signed," the source assured. "During these 60 days, the fund's administrators will work with the Iranian side and investors to identify and prepare projects."

In a June 15 interview with CBS, Vance said Iran would be able to access a $300 billion fund backed by Gulf states if it complied with the terms of the agreement with Washington, including dismantling its nuclear program, eliminating its stockpile of enriched materials, and agreeing to a strict inspection and verification regime.

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The source did not specify who exactly would manage the fund or how its administration would be structured, but noted that key details still need to be agreed upon.

He reported that companies from South Korea, Japan, Singapore, Malaysia, and the United States have already committed to participate, but did not disclose the full list.

The 60-day memorandum is a framework and does not constitute a final agreement. During this period, American and Iranian negotiators will work concurrently on several areas, including the nuclear program, sanctions, and regional security issues.

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