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Is a $300-billion reconstruction fund part of US-Iran deal? Vance says yes, but Trump says 'fake news'
Published on: June 16, 2026, 11:18 a.m. | Source: Firstpost
The US-Iran memorandum extends the ceasefire by 60 days, reopens negotiations on Tehran’s nuclear programme and could eventually unlock a $300 billion investment fund. US President Donald Trump denies any US payout, while Vice President JD Vance says Iran may access reconstruction funding if it fulfils the deal's conditions
