World

Qatar: Proposed $300B Iran reconstruction fund remains 'aspirational'

Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani 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 it if Tehran reaches a final settlement with the US.

“The figure of $300 billion that has been slated for a proposed Iran investment fund is an aspirational number,” Sheikh Mohammed added.

According to the report, the Trump administration has suggested that Gulf states could finance the fund, which would initially serve as a vehicle for companies to invest in Iran.

He, however, did not clarify whether Qatar would participate financially.

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