US fails to halt Iran bid to free frozen billions

US fails to halt Iran bid to free frozen billions...
msn.com 14/02/2019 News

Keywords:#2015, #Arabia, #Beirut, #Donald_Trump, #EU, #European, #Hague, #ICJ, #International_Court_of_Justice, #Iran, #Iranian, #Islamic, #Islamic_Revolution, #Israel, #Marine, #Middle_East, #Mike_Pompeo, #Msn.com, #Nations, #Poland, #President, #Revolution, #Saudi, #Saudi_Arabia, #Shah, #Supreme_Court, #Tehran, #Trump, #US, #US_Supreme_Court, #United_Nations, #United_States, #Warsaw, #Washington, #World_War_II

An international court Wednesday ruled Iran can proceed with a bid to unfreeze assets in the United States, rejecting Washington's claims the case must be halted because of Tehran's alleged support for international terrorism.
Washington had argued that Iran's "unclean hands" - a reference to Tehran's suspected backing of terror groups -- should disqualify its lawsuit to recover $2 billion in assets frozen by the US Supreme Court in 2016.
But the International Court of Justice in The Hague threw out the US challenges, and said that it had the right to hold full hearings at a later date as to whether Tehran will get the money back.
Chief judge Abdulqawi Ahmed Yusuf said the UN's top court "unanimously rejects the preliminary objections to admissibility raised by the United States of America".
The court also "finds that it has jurisdiction" in the case, Yusuf said at the end of an hour-long reading of the decision.
Tehran said the United States had illegally seized Iranian financial assets and those of Iranian companies -- and with Iran's clerical regime facing economic difficulties after sanctions and a fall in its currency resolving the case remains crucial.
The US Supreme Court had said Iran must give the cash to survivors and relatives of victims of attacks blamed on Tehran, including the 1983 bombing of a US Marine barracks in Beirut and the 1996 Khobar Towers bombing in Saudi Arabia.
Iran said the freezing of the funds breached the 1955 Treaty of Amity with the United States, an agreement signed before Iran's 1979 Islamic Revolution severed relations between the countries.
The United States announced in October that it was pulling out of the Treaty of Amity after the ICJ in a separate case ordered Washington to lift nuclear-related sanctions on humanitarian goods for Iran.
The ICJ is the top court of the United Nations and was set up after World War II to resolve disputes between member states. Its rulings are binding and cannot be appealed, but it has no means of enforcing them.
Unclean hands
Tensions between Tehran and Washington are already high around the 40th anniversary of the Iranian revolution and a Middle East meeting in Warsaw starting Wednesday where the United States aims to pile pressure on Iran.
Relations have been strained ever since US President Donald Trump's decision last year to pull out of a "terrible" international nuclear deal with Iran and reimpose sanctions.
The 2015 nuclear deal had unblocked billions of dollars in other Iranian funds.
Iran first lodged the lawsuit in June 2016, accusing Washington of breaking the decades-old amity treaty dating from the time of the Shah, who was deposed in the revolution.
Judge Yusuf noted that at the last hearing on Iran's funds in October, the United States had argued "that Iran's 'unclean hands' preclude the court from proceeding with this case."
But he added that "even if it were shown that (Iran's) conduct was not beyond reproach, this would not be sufficient" on its own to throw out the case.
He also said the fact that the US had now pulled out of the amity treaty with Iran "has no effect on the jurisdiction of the court" and that it now needed to hold detailed hearings.
US officials including US National Security Advisor John Bolton have previously called the ICJ's legitimacy into account, and were incensed by October's ruling by the court that Washington must drop sanctions on humanitarian goods.
In Poland this week, US Secretary of State Mike Pompeo will use a two-day conference of foreign ministers to try to rally the world behind increasing pressure on Iran and supporting Israel, although turnout could be thin.
The Trump administration has also found itself at odds with its European allies over the nuclear deal, with EU powers launching a mechanism to bypass sanctions.
---An international court Wednesday ruled Iran can proceed with a bid to unfreeze assets in the United States, rejecting Washington's claims the case must be halted because of Tehran's alleged support for international terrorism. ---
...

Read more from Source »

Related articles based on keyword density
Media Scam? Iran and America Join Hands in Waging “The Global War on T...
globalresearch.ca 01/07/2014 Politics
By Prof Michel Chossudovsky Global Research, June 21, 2014 Following the incursion of jihadist rebels of the Islamic State of Iraq and the Levant (IS...View Details»

Middle East - Security Council debates ending UN sanctions on Iran - ...
france24.com 13/03/2015 News
Major world powers have begun talks about a UN Security Council resolution to lift UN sanctions on Iran if a nuclear agreement is struck with Tehran, ...View Details»

ISIS: The Spoils of the "Great Loot" in the Middle East - FPIF...
fpif.org 02/07/2014 Politics
Adding yet more warfare to the current crisis in the Middle East will perpetuate exactly what the imperial powers set out to do: tear an entire region...View Details»

The Iran accord is going to change everything | GlobalPost...
globalpost.com 06/11/2015 Politics
By Stephen Kinzer on Oct 27, 2015 @ 5:45 AM *** An Iranian woman walks past a mural in Tehran on June 29, 2015. Stephen Kinzer spent more than 20 yea...View Details»

Can You Pass The Iran Quiz?...
countercurrents.org 15/10/2013 News
By Jeffrey Rudolph 24 April, 2010 Countercurrents.org What can possibly justify the relentless U.S. diplomatic (and mainstream media) assaul...View Details»


EOF