The lifting of the ban on oil exports and $300 billion in development financing are expected to bring significant economic benefits to Iran through the US-Iran agreement.
According to the draft of the temporary agreement between the US and Iran, Iran will be allowed to immediately start exporting oil and will receive a $300 billion economic development plan after negotiations are completed for a permanent peace agreement aimed at resolving Tehran's nuclear issue. The two sides plan to officially sign a memorandum of understanding in Switzerland on Friday to formalize the previously reached agreement and pave the way for a 60-day negotiation period to end the war and impose strict restrictions on Iran's nuclear program. A source familiar with the matter said that the US has started circulating the text of this temporary agreement to allies at the G7 summit in France. Washington and Tehran have not officially released the document.
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