Citing sources familiar with the agreement, Reuters reported that the fund will be financed through private investments rather than U.S. government funds or grants. This approach is intended for private investment aimed at Iran's post-war recovery and economic rebuilding, rather than typical war reparations.
Sources indicate that companies from the U.S., Asia, the Middle East, South America, and Africa have already agreed to contribute over $150 billion (approximately 252 trillion won). Participating firms span the energy, logistics, manufacturing, and transportation sectors, including companies from South Korea, Japan, Singapore, Malaysia, and the United States. However, the complete list of participating companies has not been disclosed.
The fund is expected to be established only after the final agreement is signed. Fund managers will reportedly engage with Iranian officials and investors over the next 60 days to identify investment targets and develop detailed plans.
This fund is seen as an economic incentive for both the U.S. and Iran to reach a final agreement. Iran can attract foreign capital necessary for post-war recovery, while the U.S. can encourage compliance with the agreement without allocating government budget funds.
Reuters noted that Iran had previously demanded $400 billion (approximately 606 trillion won) from the U.S. as war damages, but the U.S. rejected this claim, leading to discussions about a private reconstruction fund. Sources clarified that this fund is separate from negotiations regarding the lifting of U.S. sanctions or the release of frozen Iranian assets.
The U.S. and Iran reportedly signed a memorandum of understanding (MOU) electronically on June 14. Both sides plan to hold an official signing ceremony in Switzerland on June 19, followed by detailed negotiations over the next 60 days concerning Iran's nuclear program, sanctions relief, and the operation of the Strait of Hormuz.
* This article has been translated by AI.
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