Iran, critical of US illegal action to seize fund, seeks international arbitration
IRNA - Islamic Republic News Agency
Tehran, May 16, IRNA -- Special working group composed by President Hassan Rouhani to decide what to do to retake Iranian fund from the US said on Monday that Iran would seek international arbitration to restore its rights.
Minister of Economy and Finance Tayyebnia is in charge of the working group comprising foreign minister, minister of intelligence, justice minister and CBI governor to pursue the case.
The working group studied the circumstances led to seizure of dlrs two billion Iranian investment in the New York Stock Exchange and gave proposals to retrieve the rights of Iranian nation through the United Nations Court of Arbitration.
The working group rebuked the US Congress and government for trampling on International Law ignoring Foreign Sovereign Immunities Act, the pillar of the Charter of the United Nations by seizing funds of Iranian nation and the Central Bank of Iran.
Such a practice is very rare in the history of judiciary records and should be regarded as blatant violation of rights of the world nations by the United States Congress and Administration in unison, the statement read.
It is another antagonistic behavior by US administration against the Iranian nation and is a clear evidence on violation of international law by the US government.
1430**1416
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
