Iran to take on US at International Court of Justice in bid to free frozen funds

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Title : Iran to take on US at International Court of Justice in bid to free frozen funds
Link : Iran to take on US at International Court of Justice in bid to free frozen funds

THE HAGUE, Netherlands (AFP) — Iran opens its legal battle before the UN’s top court Monday to unfreeze billions of dollars in US assets, which Washington says must go to victims of terrorist attacks blamed on Tehran.

The case before the International Court of Justice comes as hopes fade of reviving a landmark deal — which former US president Donald Trump withdrew from in 2018 — that sought to tame Iran’s nuclear ambitions.

Tehran took Washington to the Hague-based ICJ in 2016 after the US Supreme Court ordered some $2 billion in Iranian assets to be frozen, ordering the cash to go to survivors and relatives of attacks blamed on the Islamic Republic.

These included the 1983 bombing of a US Marine barracks in Beirut which killed 299 people including 241 US soldiers, and the 1996 Khobar Towers bombing in Saudi Arabia which left 19 dead.

Iran, however, 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. READ MORE