Iran asks Britain to speed up pay back of $596 million debtStaff Writer | December 25, 2017
Tehran called on London to speed up payment of its decades-old £450mln debt to Iran which was due to be spent for purchasing military equipment from Britain.
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He added that London's debt to Iran was one of the issues discussed by the two countries' officials during the recent visit by British Foreign Secretary Boris Johnson, saying that more steps have been taken to resolve the problem.
British media reports said in November that Britain is planning to give back to Iran the money it paid for military equipment in order to free an Iranian-British citizen, Nazanin Zaghari, convicted in the country for espionage charges.
The reports added that Johson's visit to Iran in early December was aimed at consultations to free Zaghari by paying £400mln to Tehran; a claim which was rejected last month.
Iranian Ambassador to London Hamid Baeedinejad said in November that Britain is due to pay its £400m debt to Tehran soon, dismissing any link between the payment and the case of Nazanin Zaqhari.
Over £400-m ($596m) sum will be transferred to the Central Bank of Iran “in the coming days”, Baeedinejad wrote on his Telegram channel. ■