lindajoy wrote:
The US is not bound by any such court..The United States is not even a participant in the International Criminal Court (ICC)....
We withdrew 2002 standing with Isreal..Clinton never submitted to the house for radicicstoon, Nush said flat out not playing, bo hemmed around like he typically did and it was not signed.. Trump told them no deal..
So we are not bound bybanything with them or even the 124 states that are members...
You have a point, I should have said international court and explained how it was formed.. So see the post below..
Wall street journal..
But the Wall Street Journal story is actually describing a payment that President Obama announced back in January. The news here is that the payment had already been delivered — which is to say this is a story about details of timing and how the cash was delivered.
And, as Solomon and Lee write, the payment was the result of an agreed settlement to a 35-year case in international court. It had nothing to do, as Royce says, with any "ransom" payment with Iran.
Once you understand these facts, you'll understand that this isn’t actually a story about a scandalous Obama administration payment to Iran. It’s a story about the way Washington’s debate over Iran is fundamentally broken.
n very simple terms, this payment is the first installment of a refund for US weapons that Iran purchased but that America never delivered. It starts in 1979, the year of the Iranian Revolution.
In November 1979, a group loyal to the revolutionary regime took 52 Americans hostage at the US Embassy in Tehran. In response, the United States severed diplomatic relations with Iran and froze Iranian assets in America.
Crucially, the United States halted a delivery of fighter jets that Iran’s pre-revolution government had already paid $400 million for. Normally the US would have returned the money if it wasn’t going to deliver the planes, since countries don’t just break formal agreements like that. But the US government had already frozen Iranian assets in the United States as punishment for the hostage-taking — and that included the $400 million.
The hostage crisis was eventually resolved in 1981, at a conference in Algiers. But the Algiers Accords didn’t resolve every outstanding issue — including the legal status of the $400 million.
Instead, the accord set up an international court, based in the Hague, to deal with any legal claims that the governments of Iran and the United States had against each other, or that individual citizens of either country had against the other country.
This court, called the Iran–United States Claims Tribunal, functioned as a kind of binding arbitration. To deal with cases, the involved parties could either negotiate a settlement out of court or take it to a panel made up of three US-appointed judges, three Iranian-appointed judges, and three neutral judges. The panel would then hear the case and issue a binding ruling.
This process, as you might guess, was very, very slow. By the time Obama’s second term in office began, the tribunal still had not come to a ruling on the issue of the $400 million. Sometime afterward, the Associated Press’s Matt Lee and Bradley Klapper report, the US government apparently concluded that it was going to lose the case — and lose big: Iran was seeking $10 billion in today’s dollars.
"US officials had expected a ruling on the Iranian claim from the tribunal any time, and feared a ruling that would have made the interest payments much higher," Lee and Klapper write.
So the Obama administration decided to settle out of court, opening up negotiations with Iran on the terms of the settlement. It did this at the same time it was negotiating the nuclear deal and the return of four US citizens who had been detained by Iran more recently.
However, the people working on the nuclear deal and the prisoner release were different from the team working on the court case around the weapons money — some of the latter group had been involved with the claims tribunal for years.
By January 2016, the countries had struck a deal — the US would pay Iran $1.7 billion, which amounts to about $300 million in interest on top of the originally frozen assets (accounting for inflation).
This settlement was announced the same day in January as Iran received its first round of sanctions relief from the Iran deal.
The deal was paid in installments, with $400 million being handed over to Iran on the same day that the US prisoners were released (January 17). The next $1.3 billion, according to Solomon and Lee Wednesday’s report, was paid over the course of the next 19 days.
The reason this was done in installments is that US law prevents the US government from giving Iran dollars, so the government had to scrape together foreign currency. Getting together large amounts of foreign cash is tough even for the US government — hence the short-term installment plan.