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I can see the logic in what you’re saying, but Iran state media is reporting the deal includes “The US and its allies delivering reconstruction plans for Iran w
by no-name-here 4mo ago
I can see the logic in what you’re saying, but Iran state media is reporting the deal includes “The US and its allies delivering reconstruction plans for Iran worth at least $300bn” (in addition to the $25B) but I don’t understand their use of the word “plan”? https://www.bbc.com/news/live/cj0grpyg4v1t?post=asset%3A179344af-d486-4e3a-8416-2b02fb06d89f#post https://www.bbc.com/news/live/cj0grpyg4v1t?post=asset%3A1793...
- dofm 4mo agoThat 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-iran-mou-said-to-reference-possible-300b-postwar-investment-fund-to-aid-tehrans-reconstruction/ https://www.timesofisrael.com/liveblog_entry/emerging-us-ira... https://www.yahoo.com/news/politics/articles/iran-could-receive-300-billion-173844967.html 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.