“By Andrew Mills, Maha El Dahan and Parisa Hafezi DUBAI, June 16 (Reuters) - A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters. The fund is designed to give both sides an economic incentive to conclude a final deal, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.
Original story
Continue reading at Al-Monitor
www.al-monitor.com
Summary generated from the RSS feed of Al-Monitor. All article rights belong to the original publisher. Click through to read the full piece on www.al-monitor.com.
