Remix.run Logo
dofm 11 hours ago

That has been kicking around in the deal discussions since the end of May, yeah. Nothing much about this MoU seems to have really changed since then:

https://www.timesofisrael.com/liveblog_entry/emerging-us-ira...

https://www.yahoo.com/news/politics/articles/iran-could-rece...

Two diplomats briefed on the latest draft called it “an international ‘investment fund,’ which the United States would help facilitate in the event of a final deal,” and plans for which would be discussed during the initial 60-day negotiations period that the memorandum would kick off, the report says.

It appears to concern the authorisation of a sort of Marshall Plan inward investment fund that may end up holding that sort of amount of cash that the US effectively agrees to facilitate and allow.

But I guess a key thing is that it involves is the USA agreeing not to seize it. It would also implicitly allow businesses to do the reconstruction work without being sanctioned.