President Trump stated during a bilateral meeting with Egyptian President Abdel Fattah El-Sisi that the United States is providing no public funds toward any memorandum of understanding with Iran and that reports of a $300 billion U.S. commitment are false. He added that any investment would come from private actors and that unsatisfactory terms could lead to resumed U.S. military action. The remarks occurred at the Group of Seven summit in Evian, France, following publication of a reported 14-point plan by Bloomberg.