A memorandum of understanding between the United States and Iran has established a $300 billion fund intended for Iran’s reconstruction. South Korean companies have reportedly pledged to contribute more than half of the total amount. The fund aims to support Iran’s economic recovery and development following years of sanctions and instability. Details regarding the specific projects the fund will support remain unclear, but it is expected to focus on infrastructure, energy, and industrial sectors. The agreement signifies a potential shift in economic relations between the involved nations. Further negotiations are anticipated to finalize the terms of investment and project implementation. This initiative represents a substantial financial commitment from South Korean businesses to the Iranian economy.