Exclusive: Iran deal includes $300 billion fund, more than half of which already committed, source says (www.reuters.com)
from Stamau123@lemmy.world to world@lemmy.world on 16 Jun 21:27
https://lemmy.world/post/48259117

cross-posted from: lemmy.world/post/48259115

-Commitments exceed $150 billion across five regions, says source -The investment fund vehicle contains no government money -New fund is separate from frozen asset talks, says source -Fund only becomes operational after a final U.S.-Iran deal is signed

DUBAI, June 16 (Reuters) - 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.

#world

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phoenixz@lemmy.ca on 16 Jun 22:55 next collapse

And there you were complaining about the 1.776 billion dollars! Aren’t you happy now that you no longer have to worry about that small amount of chump change? Trump in action!

ms_lane@lemmy.world on 17 Jun 05:16 collapse

People said it couldn’t be done, but look BAM, We surrendered to Iran! Some would say I’m the only president to surrender to Iran. I showed the dumocrats how it’s done.

Thank you for your attention on this matter.

magnue@lemmy.world on 17 Jun 05:06 collapse

Can we just send them one of the big tech billionaires?

ms_lane@lemmy.world on 17 Jun 05:15 collapse

Larry Ellison specifically.