The US-Iran Framework Agreement Aims to Establish a $300 Billion Private Fund to Boost Investment in Iran

BlockBeats News, June 17th - According to Reuters, sources said the US-Iran framework agreement includes a plan to establish a $3 trillion private fund to drive investment in Iran. The $3 trillion Iran Investment Fund will only start operating after the final agreement is signed.

The fund is a private investment vehicle that does not involve government funds and is unrelated to negotiations about Iran's frozen overseas sovereign assets. The fund plan has received over half of its funding commitments from companies in the United States, Gulf Arab states, Asia, South America, and Africa.