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Wednesday, 16 March 2022 (YJC)_ The British Foreign Secretary clarified in a speech to the House of Commons that the money paid to Iran was a legal debt of Britain.
Speaking to the House of Commons, British Foreign Secretary Liz Terrace said the money paid to Iran was London's legal debt to Tehran.
Saeed Khatibzadeh, spokesman for the Ministry of Foreign Affairs of the Islamic Republic of Iran, announced tonight (Wednesday) that Britain has paid its 400 million debt to the Islamic Republic of Iran after 40 years of delay.
Iran and Britain signed an agreement in the 1970s to deliver 1,500 tanks and 250 armored vehicles to Iran. London stopped delivering these tanks to Iran after capturing the US spy nest. The Pahlavi regime had paid all the amounts related to this contract, which according to some reports amounted to one billion dollars.
The International Court of Arbitration had ordered a British military service company to pay 400 million to the Iranian government, but Britain refused to repay the figure on the grounds that international sanctions would not allow money to be transferred to Iran.
"Liz Terrace told the House of Commons:
We have always made it clear that this is a legal debt that Britain has to pay. Due to the complexities, paying this money had become a difficult issue ... but we finally found a solution to this problem.
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