BEIJING, June 17 (Xinhua) -- The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for Iran's rehabilitation and economic development, while ensuring financing of at least 300 billion US dollars, according to a 14-point draft memorandum between the two sides released by Bloomberg on Wednesday.

An Iranian boy walks amid the debris of a residential building hit by US-Israel airstrikes at the Shahid Broujerdi residential complex in southern Tehran on April 14, 2026. (File photo: AFP)

The implementation mechanism of the plan, as part of the final agreement, will be formulated within 60 days, said the draft.

The United States and Iran are set to officially sign a memorandum of understanding on June 19 in Switzerland.