President Donald Trump dismissed “false” media claims that the U.S. will be party to a $300 billion fund for Iran, as leaked versions of the initial agreement allege that the regime will receive billions of dollars worth of “cash sweeteners” just to sign a “Memorandum of Understanding” (MoU) on Friday.
“President Donald Trump says the agreed deal with Iran is not final,” BBC reported Wednesday. “Speaking at the G7 summit in France, he adds that the US will “go back to dropping bombs” if he does not like the final agreement.”
The president also rejected the $300 billion fund claim, calling it “false.” “People can invest if they want. I mean, what am I going to do — say nobody’s ever allowed to invest? We’re not investing. We’re not putting up ten cents,” he told reporters.
The media speculation has been fueled by the administration’s refusal to release the document. News reports suggest that this has been done under pressure from Iran. According to the Jerusalem Post, “Iran demanded that the text of the MoU remain secret until the formal signing.”
Vice President JD Vance told CBS NEWS that the text of the MoU reached with Iran will be released “at the latest” by Friday. “We want to tell the American people what’s in this deal,” he assured.
Bloomberg released an unverified document saying the U.S. “undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development” of Iran, “while ensuring financing of at least $300 billion.”
CNN alleged that “Tehran may be able to tap into a $300 billion development fund if it meets commitments related to its nuclear program in further negotiations.”
The leaked document published by Bloomberg said that the U.S. “commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing the Islamic Republic of Iran.”
The U.S. “will not impose new sanctions on Iran or strengthen its forces in the region,” and “lift the naval blockade and prevent any interference or obstruction against” Iran, Bloomberg‘s document continued.
According to Bloomberg‘s version, once the initial agreement is signed on Friday, the U.S. will allow Iran to resume oil trading:
The United States undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.
The $300 billion windfall will help Iran to replenish its depleted arsenal, the Jerusalem Post reported Wednesday:
The economic relief granted to Iran under the reported terms of the Memorandum of Understanding (MoU) would likely allow the Islamic regime to immediately reconstitute its military powers, according to an assessment published by the American think tank the Institute for the Study of War (ISW) on Tuesday.
Iran’s Foreign Ministry spokesman, Esmail Baghaei, disclosed that the funds released under the agreement will be used to rebuild the regime’s military capabilities.
Iran, the world’s biggest state sponsor of terrorism, has also vowed to renew its support for its terrorist proxies across the region. The news of the deal has emboldened Iran-backed Hezbollah, with the terrorist group claiming “victory” over Israel despite devastating losses on the ground. The Guardian (UK) noted Monday that “Hezbollah welcomed the US-Iran deal.”
CLICK HERE FOR FULL VERSION OF THIS STORY