Proposed 300 billion dollar Iran fund is an aspirational number, says Qatari prime minister

Gulf states could help finance the massive investment fund if Tehran secures a final settlement with the US.

Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani has described a proposed $300 billion investment fund for Iran as an “aspirational number”. In an interview with the Financial Times published on Wednesday, he indicated that Gulf states could play a role in financing the project, provided that Tehran reaches a final settlement with the US to end regional hostilities.

According to the report, the Trump administration has suggested that Gulf states could finance the fund, which is designed to initially serve as a vehicle for international companies to invest directly in Iran. While Sheikh Mohammed noted that Qatar’s investment decisions have always been based purely on commercial grounds, he did not clarify whether Doha would participate financially in this specific fund. “Our aim is that Iran flourishes and their economy grows,” he stated.

The proposed funding mechanism is directly tied to Article 6 of the Islamabad Memorandum of Understanding, a recent framework signed between the US and Iran. Under this provision, the US commits to working alongside its regional partners to establish a final agreed programme worth at least $300 billion dedicated to Iran’s reconstruction and economic development.

The memorandum states that the exact implementation mechanism for the plan must be finalised as part of a comprehensive agreement within 60 days. To facilitate the massive influx of capital, the US has agreed to provide all necessary approvals, regulatory waivers, and legal licences required for the related international financial transactions.