Foreign media reported on June 16 that the US‑Iran memorandum of understanding
includes a $300 billion private fund intended to spur investment in Iran. More
than half of the fund’s capital has received commitments, sources said. The
vehicle is described as a private investment instrument with no government
funding or grants. Committing investors are based in the US, Gulf states, Asia,
South America and Africa; target sectors include energy, logistics,
manufacturing and transport. The fund is intended to provide economic incentives
to both parties to help secure a final agreement.
