US Denies Discussing Iran Investment Fund, Asset Transfer at Gulf Talks

DOHA, June 25. /TASS/. The United States and the Cooperation Council for the Arab States of the Gulf (CCASG) did not address the creation of an investment fund for Iran at their talks in the Bahraini capital of Manama, said US Secretary of State Marco Rubio.

"No, it was not discussed. The reconstruction - that’s way down the road, and that’s something that’ll be dealt with at the appropriate time in this process," he told reporters after the meeting.

He also denied that any assets frozen in Qatar have already been transferred to Iran.

"I’m not aware of that. As of right now, we’re not aware of any money nor have we agreed for any money to be transferred," Rubio said.

The creation of the investment fund is provided for in the memorandum of understanding signed by Washington and Tehran aimed at ending the war between the states. According to available information, it will amount to $300 billion, with more than half of the sum already secured by investor commitments. It was noted that this financial mechanism does not involve the use of public financing or grants, the funds will be provided by the private sector. The investors are companies from the United States, the Persian Gulf, Asia, South America and Africa.