In these sessions, which will run until Friday at the Peace Palace in The Hague, the court will discuss illegal US-imposed restrictions on Iranian businesses in the US, and legislative, executive, plus judicial measures contrary to international law adopted by the US' legislative, executive and judicial branches in confiscating and seizing the property of Iranian state-owned companies, including nearly $2 billion from the central bank's assets.
Legislation contrary to international law and custom, contrary to the principles of immunity of governments and their property, as well as discriminatory legislation aimed at limiting the activities of Iranian companies, are among the other provisions contained in Iran’s complaint bill in this case.
On February 3, 2021, the International Court of Justice (ICJ), which has its seat at The Hague, rejected the US objection concerning 'Alleged Violations of the 1955 Treaty of Amity, Economic Relations, and Consular Rights (the Islamic Republic of Iran versus the United States of America)'.
Iran has already filed a suit in the ICJ against the US re-imposition of unilateral sanctions as Washington withdrew unilaterally on May 8, 2018, from the Iran Deal formally known as the Joint Comprehensive Plan of Action (JCPOA), and imposed the sanctions on Iran in November the same year.
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