Qatar calls $300 billion Iran reconstruction plan an ambitious goal

Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said the figure should be viewed as an aspirational goal rather than a finalized

Qatar has described the proposed $300 billion reconstruction and development fund for Iran as an ambitious target, saying the plan remains dependent on a lasting agreement between Tehran and Washington.

Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said the figure should be viewed as an aspirational goal rather than a finalized commitment. He noted that Gulf countries could potentially contribute to the initiative if Iran and the United States reach a comprehensive settlement that paves the way for regional stability.

Speaking in an interview with the Financial Times, Sheikh Mohammed emphasized that Qatar supports economic growth and prosperity in Iran, adding that any future investments would be guided by commercial considerations rather than political motives.

The proposed fund has reportedly been discussed as part of broader efforts to normalize relations and reduce tensions in the region. According to reports, the initiative could initially provide a platform for international companies to invest in Iran’s reconstruction and economic development.

The funding proposal is linked to provisions contained in the Islamabad Memorandum of Understanding between the United States and Iran. The document outlines plans for a reconstruction and development program worth at least $300 billion, aimed at supporting Iran’s economy following a broader peace settlement.

Under the framework, details of the financing mechanism are expected to be finalized within 60 days of a final agreement, while the United States would facilitate the necessary approvals and financial arrangements to support the program.