...

Iranian bankers visit US to discuss frozen assets

Business Materials 17 June 2016 19:02 (UTC +04:00)

Tehran, Iran, June 17

By Mehdi Sepahvand – Trend:

Iran has dispatched a group of banking experts to the United States to hold talks on Iran’s assets that have been frozen in the US.

The news was announced by Central Bank of Iran’s International Affairs Director Hossein Yaqubi, who did not say when the group left Iran, IRIB reported June 17.

Iran is suing the US in the International Court of Justice, accusing Washington of violating a 1955 treaty by freezing its assets.

The case, filed Tuesday at the United Nations’ main court, follows a US Supreme Court decision in April that gave victims of terrorist attacks, allegedly linked to Iran, the right to collect some $2 billion in Iranian assets that are frozen in the US.

The frozen assets were to be freed under Iran’s nuclear deal with world powers. The amount of the frozen assets is more than $100 billion, Reuters reported citing an unnamed US official last July.

Latest

Latest