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

Hungary granted an indefinite US sanctions exemption

EU to tighten sanctions on Belarus

Erdogan’s visit to Azerbaijan concludes

Erdogan meets with Pakistani Prime Minister in Baku

Russia updates data on Ukrainian army losses

Turkiye shares photos from Baku Victory Day Parade - Photo

Azerbaijan unveils new munitions at Victory Day parade

US lifts sanctions on Ahmed al-Sharaa

Flights are restricted at several Russian Airports

France calls on citizens to leave Mali

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