UP

UN court rejects Iranian bid to free assets frozen by US

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
UN court rejects Iranian bid to free assets frozen by US

The United Nations’ top court on Thursday rejected Tehran’s legal bid to free up some $2 billion in Iranian central bank assets frozen by U.S. authorities to be paid in compensation to victims of a 1983 bombing in Lebanon and other attacks linked to Iran.

Axar.az reports that in a 10-5 majority ruling, the International Court of Justice said it did not have jurisdiction to rule on the Iranian claim linked to the central Markazi Bank.

The world court’s vice-president, Kirill Gevorgian, said the majority “upholds the objection to jurisdiction raised by the United States of America relating to the claims of the Islamic Republic of Iran” related to the bank.

In a complex, 67-page judgment, the world court also found that some other U.S. moves to seize assets of Iran and Iranians in the United States breached a 1955 treaty between the countries and said they should negotiate compensation. If they fail to reach a number, they will have to return to the Hague-based court for a ruling.

Date
2023.03.31 / 15:41
Author
Axar.az
See also

Air raid alerts issued across six Ukrainian regions

Phone conversation took place between Putin, Netanyahu

Trump to sue BBC for $5 billion over altered speech

Death toll from Indonesia landslide rises to 11

Beckham reveals his biggest regret after retirement

Beijing slams Japanese PM’s remarks on Taiwan

Poland: Ukraine will join the EU in the early 2030s

Erdogan reaffirms support for Northern Cyprus

Russia updates figures on Ukrainian military losses

Russia captures Yablokovo settlement in Ukraine

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla