February 13, 2019 / 3:12 PM / 2 days ago

UN court rules it has jurisdiction to hear Iran claim against U.S. over assets

AMSTERDAM, Feb 13 (Reuters) - Dismissing U.S. objections, judges at the International Court of Justice on Wednesday ruled that the U.N. body has jurisdiction to hear a claim by Iran to recover $1.75 billion in assets frozen by Washington.

Iran has argued that sanctions imposed in May by the administration of U.S. President Donald Trump violate terms of a 1955 Treaty of Amity between the two countries, which Washington has said it will back out of. (Reporting by Anthony Deutsch; Editing by Alison Williams)

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