|I know you've been up all night with me and I appreciate that very much.
We have now reached an agreement with Iran which will result, I believe, in the freedom of our American hostages. The last documents have now been signed in Algiers, following the signing of the documents in Iran which will result in this agreement. We still have a few documents to sign before the money is actually transferred and the hostages are released.
The essence of the agreement is that following the release of our hostages, then we will unfreeze and transfer to the Iranians a major part of the assets which were frozen by me when the Iranians seized our Embassy compound and took our hostages. We have also reached complete agreement on the arbitration procedures between ourselves and Iran with the help of the Algerians which will resolve the claims that exist between residents of our Nation and Iran and vice-versa.
I particularly want to express my public thanks, as I have already done privately, to ...read full document