Chicago – June 16, 2026
A near-final framework agreement between the United States and Iran details a $300 billion private fund aimed at stimulating investment in Iran, with more than half already committed, according to a source familiar with the arrangement.
The Reconstruction and Development Fund operates as a private investment initiative, not a government reconstruction or reparations program, and will exclude public grants. Companies from the U.S., Gulf Arab nations, Asia, South America, and Africa have pledged financial support, including firms from South Korea, Japan, Singapore, and Malaysia.
Pledged investments span energy, logistics, manufacturing, and transportation sectors. The fund will become operational only after the final agreement is signed and will be managed through a private mechanism, separately from negotiations over Iran’s frozen sovereign assets.
Washington and Tehran are preparing for a signing ceremony on Friday, as the deal would also include Iran’s right to sell oil immediately and eventual access to frozen assets. The agreement reiterates Iran’s commitment never to seek a nuclear weapon
