Worthy Christian News » World News » US to pay Iran $1.7 bn in debt and interest: Kerry


US to pay Iran $1.7 bn in debt and interest: Kerry

Monday, January 18, 2016 | Tag Cloud

U.S. Secretary of State John Kerry

(Worthy News) - The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John Kerry said Sunday.

The repayment, which settles a suit brought under an international legal tribunal, is separate from the tens of billions of dollars in frozen foreign accounts that Iran can now access after the end of nuclear sanctions.

But the timing of the announcement, one day after the implementation of the Iran nuclear accord, will be seen as pointing to a broader clearing of the decks between the old foes. [ Source ]

Copyright 1999-2017 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News » World News » US to pay Iran $1.7 bn in debt and interest: Kerry

9 thoughts on “US to pay Iran $1.7 bn in debt and interest: Kerry

Leave a Comment

Worthy Christian News » World News » US to pay Iran $1.7 bn in debt and interest: Kerry