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

2026-06-15 15:08

Odaily Planet Daily News US Vice President Vance stated that Iran "could potentially" receive support from a $300 billion reconstruction fund, which would be financed by Gulf states, but on the condition that Iran fulfills its specific obligations.

In an interview with CBS News, Vance said: "As long as they fulfill their obligations, it is possible for them to receive this kind of financial support, which will be provided by a coalition of Gulf states." Although Vance said the US is "willing to discuss many options that are on the table," he denied that releasing $24 billion of Iran's frozen assets is part of the agreement.

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

Additionally, Iranian Foreign Minister Araghchi said, "We have completed a memorandum of understanding," with some of its provisions set to be implemented on the 15th, and the remaining parts to be implemented after the memorandum is signed on the 19th. (Jin Shi)