Vice President Vance rushes from interview to interview defending the Iran peace treaty.Image: keystone
June 17, 2026, 4:43 p.mJune 17, 2026, 4:43 p.m
Iran is to receive 300 billion for reconstruction. This is what it says in the latest draft of the peace treaty between the USA and Iran, which is available to Bloomberg.
The specific passage reads: “The United States commits to working with its regional partners to establish a bipartisan comprehensive plan for the reconstruction and economic development of the Islamic Republic of Iran, securing at least $300 billion in financing. The mechanism for implementing this plan will be developed as part of the final agreement within 60 days.”
June 15, 206: Who will pay for reconstruction in Iran? A woman smokes a cigarette near Tajrish Square in northern Tehran. Image: Keystone
The big question now is: Who will pay the 300 billion?
Not the USA – and not any other country either, one now claims anonymous source told Reuters. The person should have “direct knowledge of the matter”. In contrast to the last draft of the peace agreement, Reuters explicitly writes about a “private fund”. It offers “an economic incentive for both sides to reach a final agreement to end the war.”
More than half of the 300 billion have already been found and would come exclusively from the private sector. Companies from the USA, the Gulf States, Asia, South America and Africa have made commitments. This will not be a rigorous act of selflessness. It is not known what compensation (in the form of counter-trades) they were promised for this.
Prominent absentees from this list are companies from Europe. This fuels suspicion that the Reuters source is a person close to the US government who wants to smooth over the violent political waves and pass on the scapegoat. A mission that Vice President JD Vance is also on – albeit with a different interpretation of the situation.
In dozens of interviews, the Vice President has to comment on the horrendous sums that will be spent on building Iran. On Monday he told CBS that it was a fund run by the Gulf States. Access to it will only be permitted if Iran adheres to all agreements and eliminates its nuclear program. His statements therefore contradict the anonymous source.
The draft text probably still comes closest to the truth. It says: “The mechanism for implementing this plan will be developed as part of the final agreement within 60 days.” In other words: Nobody knows exactly what will happen next.
Donald Trump presented a slightly different version on the sidelines of the G-7 summit in Évian. He declared that the USA would not invest “ten cents”. The Gulf states would now wait and study Iran’s “behavior”. It is “a matter of behavior”.