USA vows to fight Iran lawsuit in worldwide court

USA vows to fight Iran lawsuit in worldwide court

USA vows to fight Iran lawsuit in worldwide court

People walk toward the International Court of Justice in the Hague, the Netherlands, Monday Aug. 27, 2018.

In a court filing at the ICJ, Iran's lawyers said the usa sanctions threaten tens of billions of dollars' worth of business deals with foreign companies. He said they were needed to ensure Iran never builds a nuclear bomb.

The 2015 accord between six world powers and Iran saw the Islamic Republic limit its controversial nuclear activities in return for relief from worldwide sanctions.

Although the United States' European allies have protested against Trump's move, most Western companies intend to adhere to the sanctions, preferring to lose business in Iran than be punished by the United States or barred from doing business there.

The lawyers argued that the sanctions violated the 1955 Treaty of Amity, Economic Relations, and Consular Rights between Iran and the United States, which grants the ICJ jurisdiction over disputes.

"The proceedings instituted by Iran are a misuse of the Court", he said later on Monday.

America is waging a psychological war against Iran and its business partners, Foreign Minister Mohammad Javad Zarif said on Sunday, according to the Tasnim news agency.

However, the deal came with time limits and did not address Iran's ballistic missile program or its regional policies in Syria and elsewhere.

The hearings - essentially a request by Iran for a provisional ruling - will last four days with a decision to follow within a month. A final decision in the case may take years.

The Islamic Republic says U.S. President Donald Trump's decision to reimpose sanctions over its nuclear program aims to bring it "to its knees" and are in breach of a 1955 treaty.

Washington's lawyers will present their case on Tuesday, with a second round of arguments on Wednesday and Thursday.

"The publicly propagating a policy meant to damage as severely as possible Iran's economy and Iranian national companies, and therefore inevitably Iranian nationals", he said.

The renewed U.S. sanctions on Iran have already caused an economic breakdown and a plummeting in the value of the rial.

European companies including France's Total, Peugeot and Renault, and Germany's Siemens and Daimler, have suspended operations in Iran after the United States withdrew from the nuclear deal.

United States lawyers are expected to argue the United Nations court should not have jurisdiction in the dispute, that the friendship treaty is no longer valid, and the sanctions Washington levied against Tehran do not violate the deal.

European leaders, including Britain's Theresa May and France's Emmanuel Macron, have been fighting to keep the deal alive, but are struggling to save it from collapse in light of the fresh sanctions.

The ICJ is the principal judicial organ of the United Nations and settles legal disputes between member states.

The ICJ has so far ruled the 1955 treaty is still valid, even though it was signed long before the 1979 Islamic Revolution that triggered decades of hostile relations with Washington.

Although the ICJ's rulings are binding, it has no power to enforce them.

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