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US-Iran deal includes 300B fund
Reuters has reported that the framework of the agreement between the United States and Iran includes the establishment of an investment fund worth $300 billion to boost investment in Iran, with more than half of the amount committed so far. The fund aims to stimulate the Iranian economy and the parties involved in the negotiations, without being designated for reconstruction or compensations. Companies from the United States, Gulf countries, Asia, and Africa participate in the funding, targeting sectors such as energy, logistics, industry, and transportation. Iran had initially demanded $400 billion in reparations, but Washington rejected that amount, leading to the proposal of this fund as an alternative option.
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