• Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%

EghtesadOnline: The filing of Iran’s anti-US detailed plan in the International Court of Justice (ICJ) by the International Law Center of the Presidential Office marks another effective step towards restoration of Iranian nation’s assets.

Following the Islamic Republic of Iran’s complaint against the US at the ICJ in June, the International Law Center of the Presidential Office managed on January 1 to have the ICJ file the detailed bill along with the related proof and evidence in four volumes.

The Islamic Republic of Iran’s government in June officially lodged complaint at the ICJ against the US for confiscating about two billion dollar assets of the Central Bank of Iran and asked for denouncing the anti-Iran measures of Washington and reparations, according to IRNA.

Based on the report, the detailed bill was registered in the ICJ on January 1 and it concerned complaint of the Islamic Republic of Iran’s government against the US government for devising laws and regulations in contradiction to the international law and violation of the agreement, reached between the two states, the so-called Amity Treaty, and the 1955 treaty on the economic and consular relations between Iran and the US, signed by the two sides fifty years ago. It is still valid.

Among the most important issues the bill focuses in detail are confiscation and freezing of almost two billion dollar worth notary bonds of the CBI as well as confiscation of the assets and properties of a number of Iranian government banks and companies in the US. 

They were confiscated in conformity with the vain rulings issued by the American courts.

The government bill comprises eight chapters and more than 2000 pages, consisting evidences and proofs. The bill has been registered in the ICJ’s office in 125 electronic and written copies. The bill highlights the history and chronology of the evidenced events claimed by government as well as laws and regulations pertaining to the claim. 

It deals with the way the US violated the international commitments by denying rights of government and state companies of Iran per the 1955 Amity Treaty and international law. The bill well defines the nature and quality of compensating the damage asking the ICJ to force the US to stop violation of its international commitments and condemn the US of violating international commitments. It also asks the ICJ to have the US government to compensate for the damage inflicted on the country.

The bill referred to the ICJ was prepared within less than seven months by a team of Iranian and foreign international law professors and jurors, who are expert and experienced in international complaints, including legal advisors and officials of the Presidential International Legal Affairs Center in Tehran and the Hague. The Foreign Ministry and the CBI as well as other state organs and companies also contributed to preparation and compilation of the bill, which deals with the US international offenses.

Based on the report, the ICJ will, per regulations, inform the US of the Iranian bill and distribute it among its judges. Per the ICJ’s July 1, 2016, order, the US should provide the Court with its defense bill as of September 1, 2017.

Under Article 54 of the ICJ’s proceedings, once the bills are exchanged, the ICJ will hold a session to hear of the verbal defense of the two sides and issue its ruling finally following consultation of the judges. Also, per clause two of Article 53 of the Proceedings, the ICJ will make decision on publication and public announcement of the bills of the two parties to the case once the proceeding sessions are held or later on.

ICJ Iran-US relationship International Court of Justice