cross-posted from: https://lemmy.world/post/48259115

-Commitments exceed $150 billion across five regions, says source -The investment fund vehicle contains no government money -New fund is separate from frozen asset talks, says source -Fund only becomes operational after a final U.S.-Iran deal is signed

DUBAI, June 16 (Reuters) - A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with ‌direct knowledge of the deal told Reuters.

The fund is designed to give both sides an economic incentive to conclude a final deal, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.