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US-Iran framework agreement includes plans for USD 300bln private fund to trigger investment in Iran, according to Reuters citing sources

Important
SourceNewsquawk
SectionGeopolitical
  • Fund will only become operational when the final deal is signed. 
  • It is a private vehicle with no government money and separate from negotiations over Iranian sovereign assets frozen abroad. 
  • It has already been secured in commitments from companies in the US, Gulf Arab States, Asia, South America and Africa. 
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