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Vance: If certain conditions are met, Iran could receive $300 billion in reconstruction funding
Svmuu News: U.S. Vice President Vance stated that Iran “could potentially receive” support from a $300 billion reconstruction fund, which would be financed by Gulf nations, provided that Iran fulfills specific obligations. In an interview with CBS, Vance said: “ ‘As long as they fulfill the obligations they are required to meet, there is a possibility of receiving this type of financial support, which will be provided by a coalition of Gulf nations.’” Although Vance indicated that the U.S. is “willing to discuss many options on the table,” he denied that the release of $24 billion in frozen Iranian assets is part of the agreement. The text of the agreement has not yet been made public. During several television interviews on Monday morning local time, Vance stated that after the agreement is signed, both sides will continue negotiations to finalize further specific and technical details. He repeatedly emphasized that Iran would only be permitted to access the relevant funds after fulfilling its commitment not to manufacture or acquire nuclear weapons. Additionally, Iranian Foreign Minister Araghchi stated, “We have finalized the memorandum of understanding,” noting that some of its provisions would take effect on the 15th, while the remainder would be implemented following the signing of the memorandum on the 19th. (Jin Shi)
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