US President Barack Obama protected the settlement in a public report from the White House, saying it was for "much less than the quantity Iran sought." "For the United States, the agreement could save us billions of dollars that could have been followed by Iran. There was no advantage to the United States in dragging this out," he said.

1. US to pay Iran $1.7 bn in financial debt
and interest: Kerry
Washington (AFP) - The United States is to pay back Iran a $400 million
debt and $1.3 billion in interest relationship to the Islamic revolution,
Assistant of State John Kerry said Sunday.

2. The pay back, which settles a suit introduced under an global legal
tribunal, is individual from the tens of billions of dollars in frozen
international accounts that Iran can now access after the end of nuclear
supports.But the moment of the statement, one day after the execution of
the Iran nuclear accord, will be seen as directing to a broader cleaning of
the decks in between the old foes.
US President Barack Obama protected the settlement in a public report
from the White House, saying it was for "much less than the quantity Iran
sought." "For the United States, the agreement could save us billions of
dollars that could have been followed by Iran. There was no advantage to
the United States in dragging this out," he said.
Kerry said the claim was in the amount of a $400 million believe in fund
used by Iran to buy military devices from the United States prior to the
break in diplomatic ties, plus $1.3 billion in interests.

3. Iranian-US ties broke down in 1979 after revolutionaries -- angered at US
support for the Iran's deposed monarch -- stormed the American embassy and
took hostages. In 1981, the Iran-US Claims tribunal was established in The
Hague to settle excellent debts between the two nations, and Tehran filed a suit
demanding the arms payment be came back.

4. Kerry defined Sunday's payment of the 35-year-old trust as a "fair
settlement." But the debt deal instantly drew the ire of those in
Washington who think the Obama administration had currently made too
many discounts to secure the nuclear deal.
"Lining the pockets of the world's major state sponsor of terrorism is not a
technique that will keep America safe, and Hillary Clinton should
immediately condemn this payment," said a report from Reince Priebus,
chairman of the Republican National Committee.
“While it is a relief to see unjustly held Americans returned home to their
families," Priebus said, "the Clinton-Obama nuclear agreement gives Iran
too much in return for too little."

6. “While it is a relief to see unjustly held Americans returned home to
their families," Priebus said, "the Clinton-Obama nuclear agreement
gives Iran too much in return for too little.“
Kerry, in defending the agreement, said that "Iran's recovery was
fixed at a reasonable rate of interest and therefore Iran is unable to
pursue a bigger tribunal award against us, preventing US taxpayers
from being obligated to a larger amount of money."

8. Kerry, in defending the agreement, said that "Iran's recovery was
fixed at a reasonable rate of interest and therefore Iran is unable to
pursue a bigger tribunal award against us, preventing US taxpayers from
being obligated to a larger amount of money.“
He went on to say all of the US claims against Iran at the tribunal had
long been settled and had netted American companies and
individuals $2.5 billion.But Kerry added there are more Iranian claims
pending and that the United States would try to negotiate to resolve them.