Afghanistan, June 16 -- The administration of U.S. President Donald Trump is prepared to support the creation of a proposed $300 billion private investment fund for Iran as part of broader efforts to secure a lasting agreement with Tehran, the Financial Times reported.
According to the report, the fund would be financed entirely by international private companies and would become accessible only if Iran complies with a comprehensive agreement covering an end to hostilities, continued nuclear negotiations and implementation of key commitments.
The proposal comes after the United States and Iran reached a preliminary understanding aimed at ending months of conflict, reopening the Strait of Hormuz and creating a framework for further talks o...