AMSTERDAM (Reuters) – Dismissing U.S. objections, judges at the International Court of Justice on Wednesday ruled that the U.N. body has jurisdiction to hear a claim by Iran to recover $1.75 billion in assets frozen by Washington.
Iran has argued that sanctions imposed in May by the administration of U.S. President Donald Trump violate terms of a 1955 Treaty of Amity between the two countries, which Washington has said it will back out of.
Reporting by Anthony Deutsch; Editing by Alison Williams
Latest posts by Editor (see all)
- Exclusive: Lyft plans to launch its IPO roadshow week of March 18 – sources - February 20, 2019
- House Democrats to introduce resolution to stop Trump’s emergency declaration - February 20, 2019
- Global stocks rise on U.S.-China trade hopes; oil up again - February 20, 2019