US fails to halt Iran bid to free frozen billions - News Summed Up

US fails to halt Iran bid to free frozen billions


The court issued the rule on Wednesday rejecting Washington's claims the case must be halted because of Tehran's alleged support for international terrorism. The International Court of Justice in The Hague threw out some of the US challenges, and said 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. 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.


Source: Dhaka Tribune February 14, 2019 02:37 UTC



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