Leaked US-Iran Deal Confirms $300 Billion Fund and Release of Frozen Assets
A leaked 14-point draft agreement between the US and Iran outlines a massive financial framework, including a $300 billion economic development fund, the comprehensive lifting of primary and secondary American sanctions, and the full release of frozen Iranian assets.
June 17, 2026Clash Report
Iranian national flag in Tehran, June 15, 2026 - AFP
A leaked draft of the 14-point agreement between the United States and Iran outlines an extensive financial restructuring that secures at least $300 billion in development funding for Tehran.
The U.S. also promises the wholesale lifting of U.S. sanctions and the unfreezing of restricted global assets, according to a leak of the agreement reported by CNN.
The memorandum of understanding (MoU), digitally signed by President Donald Trump, Vice President JD Vance, and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf, marks a significant shift in the standoff between the two nations ahead of a formal signing in Switzerland.
$300 Billion Development Fund
Under Article 6 of the draft text, the U.S. and its regional partners commit to establishing a comprehensive rehabilitation and economic development plan for Iran.
The framework guarantees at least $300 billion in financing, with the exact implementation mechanism to be formulated within 60 days of signing.
Access to the fund remains tied to further negotiations regarding Iran's commitments to its nuclear program, though the initial text does not specify the fate of Tehran's highly enriched uranium.
Dismantling of Sanctions
The document details an explicit timeline for the unwinding of the economic blockade against Tehran.
According to Article 7, the U.S. commits to terminating all forms of primary and secondary unilateral sanctions.
The relief extends to resolutions enacted by the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA).
Pending the final implementation schedule, Article 10 mandates that the U.S. Treasury Department immediately issue waivers for Iranian exports.
These waivers cover crude oil, petrochemical products, and their derivatives, as well as essential auxiliary services, including banking, insurance, and maritime transportation.
Release of Frozen Assets
Article 11 provides for the unconditional release of all frozen or restricted Iranian funds and assets worldwide.
The draft stipulates that these assets will be made fully available to the Central Bank of Iran for any final beneficiary payment it determines.
The U.S. government undertakes to issue all necessary permits and licenses to facilitate the transfer of these funds from master accounts.
Operational Status Quo
While technical details are finalized before the formal signing, Article 9 dictates that both parties maintain a strict status quo during the 60-day negotiation window.
Iran must freeze further advancements in its nuclear program, while the U.S. is barred from introducing new sanctions or reinforcing its military presence in the region.
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