The Trump administration is considering backing the creation of a massive $300 billion reconstruction and investment fund for Iran if Tehran fulfills commitments under a newly signed memorandum of understanding and ultimately reaches a broader settlement on its nuclear program and regional conduct. President Donald Trump has called reports that the U.S. will pay Iran $300 billion “fake news” — but Vice President JD Vance and others confirmed the establishment of a global fund paid by an international coalition to aid Tehran as real. According to reports from the Financial Times and other outlets, the proposed fund would not be financed by American taxpayers.
Instead, administration officials envision a private-sector investment vehicle that would attract capital from U.S., European, Asian, and Gulf-based companies seeking access to Iran’s population of roughly 90 million people and its vast energy resources. The proposal is tied to a 60-day implementation period following the memorandum of understanding. During that time, Iran would be expected to keep the Strait of Hormuz open, continue negotiations on its nuclear program, and demonstrate compliance with other commitments before gaining access to broader economic benefits. Vance appeared to confirm the concept during a CBS interview, saying the reconstruction fund is “the sort of thing they could have access to” if Iran honors its obligations.
