Details of a leaked 14-point draft agreement between the United States and Iran have revealed an ambitious framework aimed at ending hostilities and paving the way for economic recovery, including the establishment of a proposed $300 billion reconstruction and development fund.
According to reports by Reuters and other international media, the draft Memorandum of Understanding provides for a ceasefire, the gradual lifting of sanctions, reopening of the Strait of Hormuz and a 60-day period of negotiations to secure a permanent settlement.
The agreement also outlines plans for a massive investment fund intended to revive Iran’s economy and rebuild infrastructure damaged during the conflict.
Sources familiar with the negotiations said the fund would be financed entirely by private-sector investors from the United States, Gulf countries, Asia, Africa and South America, rather than direct government contributions.
More than half of the proposed funding has reportedly already been pledged, with investments expected to target energy, transport, logistics and manufacturing sectors.
Iran had initially sought compensation estimated at $400 billion, but Washington reportedly rejected the demand, leading to the creation of the reconstruction mechanism as part of broader peace efforts.
The draft also commits both countries to further talks on nuclear issues and sanctions relief, while leaving contentious matters such as Iran’s missile programme and support for regional groups outside the current negotiations.
Although the framework has been hailed as a major diplomatic breakthrough, officials from both sides have stressed that the agreement remains provisional and that a final settlement will depend on successful negotiations over the next two months.
The proposed deal marks the most significant step towards reconciliation between Washington and Tehran in decades and could have far-reaching implications for global energy markets and regional stability.
