Vance: Under certain conditions, Iran may receive support from a $300 billion reconstruction fund

Odaily Planet Daily News US Vice President Vance stated that Iran is "potentially eligible" to receive support from a $300 billion reconstruction fund, which will be financed by Gulf states, but only if Iran fulfills specific obligations.

In an interview with CBS News, Vance said: "As long as they fulfill their obligations, they may be eligible for this type of financial support, which will be provided by a coalition of Gulf states." Although Vance stated that the US is "willing to discuss many of the options on the table," he denied that releasing $24 billion in frozen Iranian assets is part of the agreement.

The text of the agreement has not yet been made public. During multiple television interviews on Monday morning local time, Vance said that after the agreement is signed, both sides will continue to negotiate to finalize more specific and technical details. He repeatedly emphasized that Iran would only be allowed to access the relevant funds after fulfilling its commitment not to manufacture or acquire nuclear weapons.

Additionally, Iranian Foreign Minister Abbas Araghchi said, "We have completed a memorandum of understanding," with some of its provisions to be implemented as early as the 15th, and the rest following the signing of the MoU on the 19th. (Jinshi)