US-Iran deal creates $300 bln private fund, sanctions lifted for Iran
A $300 billion private fund was established as part of a US-Iran deal, with more than half of the amount already committed by investors. Iran will resume oil sales immediately upon signing the agreement, with all sanctions lifted if a final deal is reached within 60 days.
Where Sources Diverge
TASS reports that more than half of the $300 billion fund has already been secured through investor commitments, while FRANCE 24 does not specify the amount already committed.
more than half of that amount already secured through investor commitments
US officials said Wednesday as they released the text, while insisting that Washington was under no commitment to contribute
Timelines
Sources
Iran could get access to a $300 billion reconstruction fund under a deal with the United States, US officials said Wednesday as they released the text, while insisting that Washington was under no commitment to contribute. Tehran would also be allowed to resume oil sales as soon as the agreement is signed this week, while all sanctions would be lifted if a final deal is reached after a 60-day negotiation period. FRANCE 24's Caitlin Brown reports.
According to the report, more than half of that amount already secured through investor commitments