President Trump on Tuesday confirmed the U.S. would not pour funds into Iran as part of the preliminary peace deal signed earlier this week, even as Tehran says Washington agreed to assist in rebuilding the country.
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Speaking at the Group of Seven summit in France, Mr. Trump said the U.S. would not be “investing any money” in Iran and dismissed such claims as “fake news.”
His comments echo those of Vice President J.D. Vance, who said Monday that other countries in the region would pick up the bill for the rumored $300 billion post-war reconstruction effort.
Mr. Vance said countries in the “Gulf Coast Coalition” would be the ones to assist Iran in rebuilding after more than three months of war with the U.S. and Israel.
“That’s the sort of things they could have access to so long as they honor their end of the obligation,” he said on CBS News.
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Qatar, which played a significant role in negotiating the peace deal, said Tuesday that it had not allocated any funds for the reconstruction effort.
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Qatari Foreign Ministry spokesman Majed al-Ansari told reporters that he did not expect the region to return to “business as usual” after the war concludes, adding that “there is a lot of need for dialogue and for agreement over how to guarantee the security of our region.”
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