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Vance says Iran won’t get $300B reconstruction fund ‘unless they totally transform themselves’

June 16, 20262 Mins Read
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Vice President JD Vance defended the terms of a still-secret peace deal with Iran on Tuesday — telling “Fox & Friends” that a proposed $300 billion reconstruction fund paid for by Gulf Arab nations would not be available “unless they totally transform themselves.”


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“You see the propagandists are saying, ‘Here are all the things Iran gets,’ and the fine print, which [is] actually the big print in the actual agreement, is they don’t get any of that stuff unless they totally transform themselves as a country, and if they do, that’s a huge win for everybody for the region. If they don’t, no skin off our backs,” Vance claimed.

“Not a single cent of American money goes to Iran,” Vance said in reference to the memorandum of understanding signed Sunday but not yet publicly released. “This is a firm commitment, backed up by verifiable action, to never develop or buy a nuclear weapon by the Iranians — which, remember, that was the whole point of this entire operation.”

“There are benefits to Iran if they perform their end of the obligation — not money from the United States, but maybe Qatar or the UAE or Saudi Arabia,” he said. “Maybe they want to invest in Iran and build a power plant. The United States, our approach to that is going to be, ‘Yeah, you can do that, so long as the Iranians are behaving properly,’ but if they don’t behave properly, they don’t get any of the benefits of this bargain.”

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