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00:00Walk through some of this. The Iranians are saying that they're going to have access to a $300 billion reconstruction
00:04fund. True or false?
00:08Well, Ed, that's the sort of thing they could have access to, funded by the Gulf Coast Coalition, so long
00:15as they honor their end of the obligation.
00:17I think that one of the things you're going to see, Ed, and people have to be skeptical of this,
00:20is that the hardliners in the Iranian system will overemphasize the benefits that Iran gets while underemphasizing all the things
00:28that they have to concede
00:30and all the things they have to provide in order to get these benefits.
00:34So we absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran,
00:40but only if Iran ends their nuclear program, ends their enriched stockpile of material,
00:46and is really open to an inspections and enforcement regime that gives the American people confidence
00:52they're never going to have a nuclear weapon.
00:54So I think the dance you're going to see, Ed, which is going to be interesting,
00:58is the Iranian media, especially the hardline media, they're going to talk a lot about what they get
01:03without talking about what they give. It's important for all of us to correct that record.

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