Washington: US president Donald Trump declared on Truth Social on Monday that “Iran has agreed to never have a Nuclear Weapon!” — his clearest public endorsement yet of a central clause in a memorandum of understanding (MOU) announced on Sunday that seeks to end more than 100 days of conflict between Washington and Tehran.
Trump used the same post to attack media coverage of the accord’s financial provisions, writing: “Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!” He dismissed reporting about a large sum, but the figure under discussion is not $300 million — it is $300 billion — a number confirmed by officials in his own administration hours before the Truth Social message.
The Financial Times (FT), citing a US official, reported that the administration is prepared to permit the creation of a $300 billion investment vehicle for Iran as part of an arrangement to end the war, conditioned on Tehran’s adherence to a nuclear agreement. The FT quoted a US official saying Washington had discussed “the possibility of sanctions relief and a big $300bn fund to rebuild their country.” The proposed incentives would hinge on Iran’s “performance” in following the MOU, according to the report.
Officials told the FT that the fund would not be a direct payment from the US Treasury. Instead, a person briefed on the discussions told the paper that private firms, attracted by Iran’s energy resources, would supply the capital — not government coffers — although the structure and governance of the fund remained unclear.
The fund would only be released after a set of conditions are met: the ceasefire is extended by 60 days, the Strait of Hormuz is reopened, and further talks on the nuclear issues are completed. The Financial Times said the size of the financial offer is politically sensitive because Mr. Trump “is loath to be seen to be rewarding the Islamic regime.”
What Members Of Trump’s Team Said
Hours before Trump’s post, Vice President JD Vance told CBS News that Iranians “could have access” to a $300 billion reconstruction fund if they complied with the deal’s terms. “That’s the sort of thing they could have access to, funded by the Gulf Coast coalition, so long as they honour their end of the obligation,” Vance said.
The investment-fund idea did not originate with Tehran. The New York Times reported that Steve Witkoff, Trump’s Middle East envoy, and Jared Kushner, his son‑in‑law, both real‑estate investors, suggested backing property and other projects in Tehran to encourage a deal. Diplomats told the Times the US avoided words like “compensation” or “reparations,” instead labeling it an “international investment fund,” a term several officials confirmed.
What The Agreement Covers So Far
Under the reported MOU, Iran reaffirms its commitment to the Nuclear Non‑Proliferation Treaty and pledges not to build nuclear weapons. The agreement extends the existing ceasefire by 60 days and sets conditions for reopening the Strait of Hormuz, a vital global shipping route.
Diplomats will continue negotiations on remaining technical nuclear issues — including how to handle and dispose of Iran’s enriched uranium stockpile — with those talks intended to conclude before a formal signing in Geneva on Friday.
