Details Emerge on Proposed $300 Billion Fund for Iran

What do we know about $300bn fund to Iran under the MoU with US?

At the heart of the deal to end the Middle East war lies a $300 billion fund to rebuild and develop Iran – but so far it is unclear who will foot the bill. Here’s what we know about the fund and its potential backers. What’s in the text? The memorandum of understanding (MoU) says Washington “undertakes with regional partners to develop a definitive mutually agreed plan with at least $300 billion for the reconstruction and economic development” of Iran. “The mechanism for the implementation of...

By [email protected] (AFP)