Iranian FM dangles ‘trillion dollar’ opportunities for US companies in Iran

“Iran’s long-term plan is to build at least nineteen new nuclear reactors; this means tens of billions of dollars in potential contracts are available” for US companies, Iran’s Foreign Minister Abbas Araghchi wrote Monday.

“American companies can explore the trillion-dollar opportunity that the Iranian economy presents,” including companies that can “help generate clean electricity from non-hydrocarbon sources.” Araghchi further reiterated: “The Iranian market alone is large enough to revive the faltering US nuclear industry.”

In addition to attempts at tempting the US administration and public with “trillions” by investing in Iran’s energy sector and nuclear program, Araghchi slammed the international community in his speech for “ignoring Israel’s nuclear arsenal and refusing to join the Non-Proliferation Treaty or accept IAEA monitoring.” He also made an appeal to shared Iranian-American history, claiming that Iran had joined President Eisenhower’s Atoms for Peace program during the fifties, also calling to halt any threatening language which would harm Iran’s honor, and conveying his view that Iran is the only country to “officially oppose nuclear weapons on religious grounds.”

Araghchi had also planned to address what he deemed mischaracterizations of Iran's nuclear program, which he maintains has been misunderstood due to "politically motivated narratives." The undelivered speech expressed cautious optimism about changing the "toxic dynamic" surrounding the issue and emphasized Iran's willingness to engage with Washington based on "mutual respect and equal standing."

The cancellation comes at a sensitive time as US-Iran nuclear talks have recently gained momentum following intensive meetings in Rome, described by US President Trump as making “very good progress.” These talks have been held much to the dismay of regime opposers, who, in the past few days, launched a popular online campaign using the hashtag #NoDealWithKhamene, while in Iran itself several murals were spread with graffiti reading: “President Trump, don’t sell us out.”

The Oman-brokered negotiations between Araghchi and US envoy Steve Witkoff were described as yielding progress, with Omani Foreign Minister Badr Al Busaidi recently remarking that "even the unlikely is possible" as the discussions advance.

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