The Islamic Republic of Iran is set to receive a large sum of money from the U.S. government, according to a recent statement from the U.S. Secretary of State John Kerry.

Kerry stated the United States is going to repay Iran for the U.S.’ $400 million debt and $1.3 billion in interest dating to the Islamic revolution in 1979.

This sum of money was part of the nuclear pact agreement that was announced in late 2015 between the two world powers.

The repayment of this money is separate from the tens of billions of dollars that Iran can now access as a result of the sanctions being lifted on their country.

 

 

 

AFP

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