U.S. and Iran Discuss Setting Up Reconstruction Fund Backed by Gulf States on June 4

According to CNN, the U.S. and Iran have discussed establishing an investment fund to support Iran's reconstruction, which would provide billions of dollars once a final agreement is reached. The U.S. will not contribute to the fund; most capital is expected to come from Gulf states. The White House has maintained that it will not provide economic relief until Iran relinquishes its stockpile of highly enriched uranium, framing the condition as "no nuclear dust, no sanctions relief."
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