Insights
Client Alert
Implementation Day: Ready? Or Not?
January 18, 2016
By Hamilton Loeb and Scott M. Flicker
The certification called for by the agreement came in, detainees were released, and all the U.S. sanctions against Iran were removed.
Thirty-five years ago – almost to the day – that’s how it worked. The Algiers Accord, the agreement that resolved the American hostage trauma in Tehran, called for the Government of Algeria – which had hosted the secret negotiations and brokered the January 1981 deal between the U.S. and Iran – to certify “that the 52 U.S. nationals ha[d] safely departed from Iran,” upon which event the U.S. would “revoke all trade sanctions” imposed against Iran in the wake of the seizure of the American embassy and staff fourteen months earlier. Read the full client alert.
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