US may free up frozen Iranian assets: Official
Press TV – October 18, 2013
The US is considering a proposal to unfreeze billions of dollars of Iranian assets to reciprocate Iran’s confidence-building measures over its nuclear energy program, a senior administration official says.
The administration of US President Barack Obama is weighing the possibility of easing sanctions against Iran in the wake of the recent promising talks between Tehran and six major world powers in Geneva, The New York Times website on Thursday quoted an unnamed source as saying.
The official said the proposed plan, under which Washington could free up Iran’s frozen overseas assets in installments, would “avoid the political and diplomatic risks” of repealing the international sanctions on Tehran over its nuclear energy program.
The move, still under discussion by the White House and the State Department, would also give President Obama the flexibility to respond to Iran’s proposals made during the recent Geneva talks without unraveling the sanctions, the official added.
Iran and the five permanent members of the UN Security Council – the United States, China, Russia, France and Britain – plus Germany held two days of negotiations over Tehran’s nuclear energy program behind closed doors in the Swiss city of Geneva on October 15-16.
Both sides sounded an upbeat mood following the meetings, where Iran tabled its proposals to end the nuclear standoff, and agreed to meet again in Geneva on November 7-8.
The United States, Israel and some of their allies claim that Iran is pursuing non-civilian objectives in its nuclear energy program, with the US and the European Union using the allegation as a pretext to impose illegal sanctions on Iran.
Iran categorically rejects the allegation, arguing that as a signatory to the Non-Proliferation Treaty and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for peaceful purposes.
European companies likely to be losers in US-Iran rapprochement
RT | October 9, 2013
If the sanctions against Iran are lifted, the Iranians will look mainly towards American firms in the oil and automobile sector to fill the gap, George Malbrunot, a journalist for French newspaper Le Figaro, told RT.
RT: Both Iran and the US are signaling a thaw in their political relations – what effect will it this have on economic ties and business? Does it look like the US is attempting to force out other companies from the Iranian market?
George Malbrunot: I think already there have been some secret contacts between US firms and Iranian counterparts in order to prepare, to anticipate the political deal between Iran and the United States. Mainly these contacts have occurred in the automobile sector. For the last year or more there have been some emissaries from General Motors, for example, going to Tehran to see their Iranian counterparts from Iran Khodro, in order to prepare the ground for the [return] of General Motors to Iran, which was very important before 1979.
So there are these kind of contacts with not only GM but other big US companies, also in the oil and gas sectors, which are very important in Iran, and it has been encouraged recently by the executive order that Barack Obama signed on June, 3, which prevents subcontractors dealing with Iranian firms in the automobile sector. And in fact this executive order was deeply targeting the French who are the only one now in the automobile sector in Iran, especially Renault, and the French contractors are very upset about that. And they interpret it as an attempt to clean the Iranian market before the return of US companies in Iran.RT: In your article, you say American companies are securing their positions on the Iranian market – how is this happening?
GM: For the last six months, we’ve heard from Iran’s supreme leader, Ayatollah Khomenei, that we are not any more opposed to direct contacts with the US. The businessmen are always more active in anticipating political deals and to anticipate change. During all these years of bad relations between Iran and the US there have always been some kind of secret contacts between US firms and Iranian firms. And mainly these contacts have been accelerated after the election of President Rouhani in Iran. And we’ve all seen at the last UN General Assembly in New York last month that now the Iranians are talking to the Americans. So there are preparations on the ground in order to go to Iran which is a huge market, 80 million consumers, with huge oil and gas resources, so it’s natural that US businessmen are watching very carefully the developments which happen between Iran and the US.
And not only US businessmen are very [eager] to go to Iran, but you have also the German businessmen, who have always been active, with Siemens for example, and even the British who have no diplomatic relations with Iran are now starting to [study] this market carefully. The Japanese are also very active. And unfortunately for us in France, we are perhaps the last in Europe to try to go to Iran, because for the last [few] years France was extremely active in fighting against Iran. France was exerting the pressure on Iran in order to implement the sanctions. So the French businessmen are very upset with what’s going on now, because for the last 20 years the US was [not in] Iran, and French businessmen had quite a good position in Iran – Total, Peugeot, Renault – and now they are afraid that all these years of efforts will be [wiped away] by the new deal which will happen between the US and Iran.
RT: Do you think we will be seeing an easing of sanctions against Iran soon?
GM: I think so, and the Iranians are a very proud nation and they have been always having very strange relations with Americans, love and hate, and once the sanctions will be lifted I’m quite sure the Iranians will look mainly toward American firms in the oil sector, in the automobile sector to fill the gap. So for sure European companies will be more probably losers in this kind of agreement.
I think that GM and even Chevrolet will go extremely quickly to Iran if there is a political agreement between the US and Iran, if the sanctions are lifted. I’m not sure that the Iranians will give a lot of pieces of the cake to French companies or others on this issue. And this is the reason why French companies are very worried about what’s going on in the shadow of this rapprochement between the US and Iran.
EU court verdict on Iran sanctions angers US
Press TV – September 7, 2013
A new EU court ruling that rejected sanctions on a number of Iranian entities has drawn the ire of the United States, prompting Washington to extend its illegal embargoes against more individuals and businesses.
The EU’s General Court in Luxembourg lifted the bloc’s sanctions against seven Iranian companies on Friday, ruling that there wasn’t sufficient evidence to justify the embargoes.
The top EU court ruled that the bloc wrongly blocked the accounts of Post Bank of Iran, the Iran Insurance Company, Good Luck Shipping and the Export Development Bank of Iran, from 2008 to 2011.
“We are very disappointed by the [EU] court’s decision today,” a spokesman for the US Treasury Department said in a statement on Friday.
The US Treasury later announced that it blacklisted six individuals and four businesses over their alleged links to Iranian oil sales.
At the beginning of 2012, the US and the European Union imposed new sanctions on Iran’s oil and financial sectors aimed at preventing other countries from purchasing Iranian oil and conducting transactions with the Central Bank of Iran.
The illegal US-engineered sanctions were imposed based on the unfounded accusation that Iran is pursuing non-civilian objectives in its nuclear energy program.
Iran rejects the allegation, arguing that as a committed signatory to the nuclear Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for peaceful purposes.
In addition, the IAEA has conducted numerous inspections of Iran’s nuclear facilities but has never found any evidence showing that Iran’s nuclear activities have non-civilian purposes.
Fallouts of Iran Sanctions
By Ali Fathollah-Nejad | World Policy Blog | July 31, 2013
Iran’s President-elect Hassan Rohani has promised to ease the tensions surrounding the international relations of his country. In line with the will of the majority of Iranians, the issue of economic sanctions – weighing heavily on the latter’s day-to-day life – will be a key to that end.
In general, the purpose of sanctions is to force a political opponent to do what she would not do otherwise. In the case of the sanctions imposed on Iran – during the course of what is commonly but simplistically referred to as the “nuclear crisis” – the stated goal has been to force a reversal of Tehran’s nuclear calculus toward slowing down or even halting its nuclear program. This goal has clearly not been met. Instead this period has witnessed ever more crippling sanctions – a form of “structural violence” exerted upon an entire country and its people.
Economic sanctions are one of the most preferred instruments of Western foreign policy. The immediate Western reaction to the Syrian crisis is the most recent evidence of this. In the Iranian case, sanctions have been an integral part of the transatlantic strategy pursued against Tehran, code-named “coercive diplomacy” in Diplomatic Studies. There, sanctions are usually presented as a quasi-peaceful means and as such inherently part of a purely diplomatic approach geared towards avoiding a military confrontation. However, as the Iraqi case demonstrates, sanctions are the last step before military action. In other words, “smart sanctions” are likely to be succeeded by “smart bombs.”
Apart from this worst-case scenario, sanctions have not proven to facilitate the resolution of conflicts; on the contrary, they rather tend to harden the opposing fronts. Frequently, opposing sides view sanctions through fundamentally different prisms. In this case, while the West conceives of sanctions in a cost–benefit framework – the heavier the costs imposed on the targeted country by way of sanctions, the more willing the sanctioned state will be to offer concessions. Iran on its part sees them as a means of illegitimate pressure against which she ought to resist. This explains why in the last couple of years the escalation of sanctions was accompanied by that of the nuclear program. For example, in 2006 – before the Iran sanctions were elevated to an undoubtedly crippling dimension by the United States and the European Union – Iran had a thousand centrifuges; the number today is much more than tenfold. This reality of the nuclear dynamics in the wake of sanctions remains largely ignored in Western capitals.
Moreover, it should be stressed that policymakers in the West have so far devoted much more time and energy to identifying which new set of sanctions to impose rather than to committedly and creatively finding a diplomatic solution of the decade-old stalemate.
The popular rhetoric of sanctions incorrectly characterizes the nature of the socio-economic effects imposed on the target country. Contrary to what is commonly claimed, sanctions actually weaken the lower and middle classes, particularly affecting the most vulnerable in society – workers, women and the youth. As a result, the power gap between the state and society widens. All this, as a matter of fact, actually dampens the prospect of popular uprising. A person struggling for economic survival barely has the luxury of engaging as a citoyen in the struggle for democracy. This explains the firm renunciation of sanctions by Iran’s civil society – voices that the West has largely chosen to ignore.
In political-economic terms, sanctions have largely paralyzed Iran’s civilian economy while state and semi-state economic entities – especially those associated with the Revolutionary Guards – have been able to benefit inter alia by monopolizing imports of various goods via “black channels.” State resources have buoyed those companies that have access to them, leaving others to drown in the tide of rising costs. Sanctions have also prompted enormous growth in the volume of bilateral trade between Iran and China (still about $ 40 billion according to the Iran–China Chamber of Commerce and Industries which is closely related to the regime) – to the detriment of producers and jobs in Iran. The reality of sanctions is that they have cemented the politico-economic power configuration in Iran.
Sanctions produce far-reaching effects at the geopolitical and geo-economic levels. Corresponding with the implicit geopolitical rationale for sanctions – that if you cannot control or influence a country, you will resort to weakening it – these restrictions have indeed stunted Iran’s development trajectory. This inflicted damage has not, however, produced the ultimate goal of reversing Iran’s nuclear and regional policies and has in fact damaged Western interests by boosting the clout of countries like China, Russia, and other regional states.
In the wake of the U.S.-pressured withdrawal of the Europeans from the Iranian market, Iran was virtually handed over to China on a silver plate – something Beijing is indeed quite appreciative of. China’s economic presence in Iran can be witnessed all across the board: from the construction of the Tehran Metro to the exploration of Persian Gulf oil and gas fields.
Iran’s technocrats – a prime victim of the sanctions – observe this development with great concern. Among other things, they have seen that a healthy competition between different foreign competitors is sorely missing, and that the lack of high-tech (formerly delivered by the West) has reduced the quality of domestic production. All of this has a negative impact (mid- and long-term) on Iran’s economic and technological development. If the situation remains unchanged, such damage can hardly be compensated. As another case in point, the sale of Iranian oil to large customers such as China or India has turned into barter – a de facto “junk for oil” program has emerged. In addition, during the past couple of years China has been given preferential rates by Iran for its oil imports.
Finally, some of Iran’s neighboring countries also benefit from the sanctions. Most significantly, due to the energy sanctions against Iran, Russia can safeguard its quasi-monopoly on Europe’s energy supply – a strategic interest held by Moscow which is unlikely to be reversed easily. To a much lesser degree but still noteworthy, Turkey – which has turned into the sole land trade corridor reaching Iran from the West – has seen its profits in its dealings with Iran risen sharply. Not surprisingly, its business press has been cheering the Iran sanctions as providing Ankara with a competitive trade advantage. Also off the radar, Qatar which in the Persian Gulf is sharing the world’s largest gas field with Iran, has been able to exploit South Pars much more rapidly than Iran given the latter’s lack of access to advanced technologies. This has resulted in a tremendous gap of revenues between the two countries of many several billion dollars.
Ultimately, the policy of sanctions is counter-productive on multiple levels, most sensitively on diplomatic and socio-economic grounds. The sanctions – whether called “crippling” or “targeted” – disproportionately affect the civilian population. “Smart sanctions” are very much an oxymoron as “smart bombs” which allegedly function in surgical precision. And like their military counterparts, “targeted sanctions” inflict extensive “collateral damage.”
Despite the political need to seriously reconsider sanctions as a tool for a judicious and solution-oriented foreign policy, there are many political and institutional barriers to overcome before the extremely dense web of Iran sanctions can be dissolved – which remains not only a huge political challenge but also a moral one. The first step in this direction will be the sober realization among policymakers that while sanctions do have effects, these are not the ones officially proclaimed or desired – neither in socio-economic terms nor in the sphere of Realpolitik when it comes to altering Tehran’s nuclear calculation. Leaving the sanctions against Iran in place advances the specter of an Iraqization of Iran – with all its adverse effects internally (destruction of society) as well as externally (war and destabilization of an already too fragile regional balance).
To pave the way for a new chapter in Iran’s relations with the West, Rohani has already proved his wisdom by his choice of foreign minister. Mohammad-Javad Zarif, Iran’s former ambassador to the UN, has already been labeled as “Tehran’s leading connoisseur of the U.S. political elite”. All this undoubtedly presents the most suited prerequisite towards the aim of alleviating the multi-level liability that sanctions constitute. But at the end, it is the responsibility of those who have imposed the sanctions to initiate the process of their removal. The ball is now in the West’s court. It would truly be the “height of irresponsibility” if one missed this opportunity offered by the Iranian people who have already paid dearly for an utterly miscalculated transatlantic “coercive diplomacy.”
*****
Ali Fathollah-Nejad is an Iranian-German political scientist educated at universities in France, Germany, the Netherlands, and the UK. His website is at fathollah-nejad.com.
Netanyahu urges increased US pressure on Iran, Rouhani regrets “warmongering group” blocking constructive talks
Aletho News | August 7, 2013
Israel’s Prime Minister Benjamin Netanyahu on Tuesday evening urged increasing pressure on Iran relating to her nuclear program and warned that “if the pressure will drop, nothing would deter Iran from achieving its nuclear goals” according to Israeli media reports.
During a meeting with a delegation of 36 American congressmen headed by Congressman Steny Hoyer, Netanyahu claimed that though Iran’s president said pressure wouldn’t help, in the last two decades pressure was the only thing that helped.
Addressing Iranian President Hasan Rouhani’s speech regarding the nuclear issue, Netanyahu said in a Tuesday statement that pressure on Iran had, in fact, been effective.
“Iran’s president said that pressure won’t work. Not true! The only thing that has worked in the last two decades is pressure,” the prime minister stressed.
“And the only thing that will work now is increased pressure. I have said that before and I’ll say it again, because that’s important to understand. You relent on the pressure, they will go all the way. You should sustain the pressure”.
In its latest measure against Iran, the US House of Representatives last Wednesday approved a bill to impose tougher sanctions on Tehran’s oil exports and financial sector.
The bill, which must be approved by the Senate and signed by President Barack Obama to become law, seeks to cut Iran’s oil exports by one million barrels per day over a year.
Meanwhile, Press TV reports that in his first press conference since he took office on August 4, Rohani expressed regret that the “warmongering group” in the US opposes constructive Tehran-Washington talks by serving the interests of “a foreign regime.”
The Iranian chief executive said Iran is closely monitoring all measures taken by the United States and will respond properly to Washington’s “practical and constructive” moves. He further expressed the Islamic Republic’s readiness to hold talks with any country within the framework of Iran’s national interests.
Related articles
- Former IDF intel chief: US coming around on Iran strike (timesofisrael.com)
- Barring the IDF, Netanyahu’s last resort against possible Obama détente with Iran is US Congress (warsclerotic.wordpress.com)
- Netanyahu meets congressmen, urges increased pressure on Iran (ynetnews.com)
- Netanyahu hails U.S. Iran sanctions (dailystar.com.lb)
- PM to Visiting U.S. Congressmen: Keep Pressuring Iran (israelnationalnews.com)
Einhorn on Getting to Yes with Iran
By Dan Joyner | Arms Control Law | July 13, 2013
I’ll try to stay calm as I write this. I’ll try.
I just read Robert Einhorn’s new article over at Foreign Policy entitled “Getting to ‘Yes’ with Iran.” Most of you will know that for the past four years, until May, Einhorn was a key member of the Obama administration’s diplomatic team working on the Iran nuclear issue, and was involved in the P5+1 negotiations with Iran. Because of this, I think its fair to take his opinions as fairly representative of the US perspective on the ongoing diplomatic process with Iran.
It’s honestly hard to know where to begin to criticize this piece. There’s so very much to criticize. I think the most maddening aspect to it is simply the tone throughout – the paternalistic, arrogant tone that drives most of the world crazy about US “diplomacy,” and makes them want to collectively scream at us “who the f#&*! do you think you are!?!” Here are a few jewels:
The two sides could try to work out a road map containing the general elements or principles of a phased, comprehensive deal, including an outline of the key elements of an Iranian civil nuclear program that would be permitted in an end-state. . .
More specifically, any acceptable approach to permitting enrichment would have to provide confidence that Iran could not quickly or secretly “break out” of agreed arrangements and use its enrichment capabilities to produce highly-enriched uranium for nuclear weapons. This would require limits on Iran’s enrichment capacity (both in terms of numbers and types of centrifuges), restrictions on its stocks of enriched uranium (in terms of quantities and locations), and special monitoring measures capable of detecting a breakout at the earliest possible moment. . .
The question of whether the negotiations’ end-state should include a domestic enrichment program cannot be answered until we have explored such practical arrangements with the Iranians. Such engagement will not be easy for either side. It will require the United States and its partners to do what they have so far avoided: talk about what would make an Iranian enrichment program acceptable. And it will require the Iranians to recognize that the United States and the international community will not accept an unrestricted enrichment program, but only a regulated capability that denies them the opportunity to convert their program rapidly or clandestinely to the production of nuclear weapons.
Do you hear it? How many times he uses words like “permit,” “accept,” and “acceptable”? This drives the rest of the world crazy – how the U.S. and the West generally put themselves in the position of parents telling other states – as if they were little children and not fully equal sovereigns – what they will accept and not accept, permit and not permit those states to do in their own countries! And if you don’t go along with these parental orders, the U.S. and E.U. will slap sanctions on you, like a parent punishing a child. Nevermind if there is no international legal basis either for the substantive “non-acceptance” of the activity, or for applying punitive sanctions, as is the case with Iran’s nuclear program. Dad’s going to do it anyway, because he knows what’s best, and because he can.
Do you not see how this drives other states crazy, and makes them want to defy these edicts from the West, just on principle? It’s basic schoolyard psychology. And we would feel and respond the same way, if the tables were turned.
But wait, there’s more. He also tries his hand at legally justifying the U.S. refusal to recognize Iran’s right to peaceful uranium enrichment:
The United States has been justified in rejecting an unfettered “right to enrich.” The Nonproliferation Treaty protects the right of compliant parties to pursue nuclear energy for peaceful purposes, but it is silent on whether that right includes enrichment, which is a dual-use technology that can also produce fissile material for nuclear weapons. Lawyers can debate whether a right to enrich is included in the treaty, but what is not debatable is that Iran has forfeited — at least temporarily — any right to enrichment (and reprocessing) until it can demonstrate convincingly that it is in compliance with its NPT obligations. For the time being, whatever rights it has to these technologies have been suspended by a series of U.N. Security Council resolutions, which are legally binding on all U.N. members, including Iran.
Well, I wrote a whole book on why he is wrong in his assessment of the NPT and Article IV. I’d be happy to explain it to him sometime, or he can just buy the book and read it (it’s out in paperback!), now that he’s out of office and has time to actually think about policies, instead of running around implementing them based on erroneous understandings. And as far as the Security Council resolutions are concerned, I’ve written about them as well, including in an article in the George Washington International Law Review. And I’m currently writing another piece in which I will discuss more thoroughly the issue of states’ rights in international law. In that piece I plan to demonstrate that the rights of states, including the one codified in NPT Article IV, have jurisprudential meaning and implications, and impose obligations on other actors to respect them – including the Security Council. And when the Council acts to prejudice these rights, its decisions are null and void.
But coming back to a macro view of this piece by Einhorn, it really makes for a depressing read. It convinces me that there really is no hope for a practical, negotiated solution, as long as the U.S. approaches the negotiating table with this attitude and with these erroneous ideas about both the principle and practicality of what they’re hoping to accomplish through them.
Related article
US reassures Israel of more pressure on Iran: Report
Press TV – July 14, 2013
The US reportedly plans to increase pressure on Iran over its nuclear energy program in a move to appease the Israeli regime.
“We will not ease the sanctions [against the Islamic Republic] if Iran does not take action to stop 20 percent enrichment,” senior US officials, who spoke on the condition of anonymity, told the Israeli daily Haaretz on Sunday.
The US officials added that Washington does not intend to ease the sanctions on Iran unless Tehran demonstrates a “change in attitude.”
Referring to the new sanctions against Iran that came into effect on July 1, the officials said Washington plans to ratchet up pressure on the Islamic Republic.
The newly-implemented sanctions against Iran, which target the Iranian energy sector, maritime transportation, ship-building industry, oil trade and currency, were ratified by the US Congress in December 2012 and signed by President Barack Obama in January 2013.
According to the Israeli daily, the upcoming meeting of the P5+1 (Britain, China, France, Russia and the US plus Germany) to discuss the resumption of talks with Iran had fueled Tel Aviv’s concern that Washington may be seeking to ease its pressure on Tehran.
EU foreign policy chief Catherine Ashton is scheduled to meet top officials from the P5+1 on Tuesday in Brussels to discuss “how to move forward in the Iran nuclear file,” said her spokesman Michael Mann on July 12.
Iran and the P5+1 have held several rounds of talks on a range of issues, with the main focus being on Tehran’s nuclear energy program.
The latest round of negotiations between the two sides was held in Istanbul, Turkey, on May 16. Two earlier meetings had also been held in the Kazakh city of Almaty on April 5-6 and February 26-27. … Full article
Intelsat suspends satellite services to Iranian TV channels
Press TV – June 19, 2013
Communications satellite services provider Intelsat has announced the suspension of its services to the channels launched from Iran as the West’s campaign against free speech intensifies.
On Wednesday, the Luxembourg-based company said it will no longer provide services to Iranian channels including Press TV. The decision has been made under the pretext of the company’s abiding by illegal sanctions against the president of the Islamic Republic of Iran Broadcasting (IRIB) – that’s Iran’s national broadcasting corporation.
Intelsat noted that it has been ordered by the US government to avoid extending IRIB’s license, noting that it will stop providing services as of July 1st.
Press TV and other Iranian channels have come under an unprecedented wave of attacks by European governments and satellite companies since January 2012.
They have been taken off the air in several Western countries, including Britain, France, Germany and Spain.
European companies say they are abiding by anti-Iran sanctions. However, EU foreign policy chief’s spokesman, Michael Mann, has told Press TV that sanctions do not apply to media.
In the meantime, the French-Israeli CEO of Europe’s satellite giant, Eutelsat, has written letters to several satellite companies, asking them to stop cooperating with Iranian channels.
The Israeli lobby in the United States has also publicly supported European attempts to shut down Press TV.
Media activists call the attacks on Iranian channels a campaign against free speech launched by the same European governments that preach freedom of expression.
Related article
- Israel says no ‘compromise’ should be made with Iran (alethonews.wordpress.com)
UK Supreme Court votes to lift sanctions on Iranian bank
Tehran Times | June 19, 2013
LONDON – The UK Supreme Court has ruled in favor of Bank Mellat, Iran’s largest private bank, in a result which will see it removed from the United Kingdom’s sanction list.
The appeal was heard by nine out of the Supreme Court’s twelve judges after the UK’s highest court was forced to enter closed session for the first time in its history, in order to receive secret evidence from the security services.
Her Majesty’s Treasury imposed sanctions against the bank in 2009 alleging that the bank’s activities supported the Iranian nuclear program, but Wednesday’s ruling found no evidence to support this claim. The UK Supreme Court result follows similar success for the bank at the European Court in January of this year in respect of sanctions which had been imposed on the bank by the EU Council.
The ruling is a blow to the controversial system of “secret courts” which have allowed the security services to provide evidence to the Supreme Court behind closed doors for the first time in its history.
The Supreme Court reluctantly entered into closed session in March, effectively barring the bank from accessing the evidence against it. Zaiwalla & Co Solicitors, the London-based international law firm representing the bank, had argued against the imposition of closed courts on the grounds that it contravenes the British common law principle of open justice. The failure of the Treasury to produce compelling evidence, despite the controversial new powers, puts the spotlight back on the Justice and Security Bill, which expanded the system of closed courts to civil cases.
The ruling sends a strong message to the UK government that political expediency is not a sufficient legal justification for sanctions placed against Iranian private businesses which operate out of Iran. The Supreme Court is now expected to order the British government to pay Bank Mellat all of its legal costs and damages for the wrongful listing of Bank Mellat.
After initial failure to challenge sanctions before the English High Court and the Court of Appeal, Bank Mellat turned to Zaiwalla & Co in 2010 and has since gone from strength to strength in the European and now Supreme Court. The firm, led by Sarosh Zaiwalla, have shown that even in cases of national security, the UK government must abide by the rule of law, with the some of the justifications for the sanctions considered “arbitrary”, “discriminatory” and even “irrational”.
Sarosh Zaiwalla, senior partner at Zaiwalla & Co said, “Today’s ruling is a victory for the rule of law as much as it is for Bank Mellat.
“The judgment will put enormous confidence in the independence of the British judiciary and sets an example that even controversial disputes can be resolved by applying the principle of rule of law through the British courts.
“Nevertheless, the reading of the closed judgment clearly contravenes the British principle of open justice, the bank’s success demonstrates just how unjustified closed sessions are.”
Iran ready to halt 20% uranium enrichment, West must reciprocate – Lavrov
RT | June 18, 2013
Iran has confirmed it is prepared to halt its enrichment of 20-percent uranium, Russian Foreign Minister Sergey Lavrov said, urging Western nations to end their sanctions against Tehran.
“For the first time in many years, there are encouraging signs in the process of settlement of the situation with the Iranian nuclear program,” he said in the interview to Kuwait’s KUNA news agency, that was published on Russian Foreign Ministry’s website.
“Without going into details, the Iranians confirm the most important [point]: Their readiness to stop 20 percent uranium enrichment at its current levels,” Lavrov said.“This could become a breakthrough agreement, significantly alleviating existing problems, including concerns about the possibility of advanced uranium enrichment to a weapons-grade level.”
Such a move “implies significant reciprocal steps by the Six,” the minister added, referring to the group of world powers seeking to peacefully resolve the issue of Iran’s nuclear program.
“The international community must adequately respond to the constructive progress made by Iran, including gradual suspension and lifting of sanctions, both unilateral and those introduced by the UN Security Council. It would be a shame not to take advantage of this opportunity,” Lavrov concluded.
News of Iran’s possible concessions over its nuclear program comports with promises made by Iranian President-elect Hassan Rowhani, who vowed to make the program more transparent.
Still, the moderate cleric stressed on Monday that Tehran would not consider halting the country’s uranium enrichment activities entirely. Rowhani insisted that Iran’s nuclear activities are “within the framework of law,” and dubbed the international sanctions “baseless.”
Despite numerous accusations by Israel and the US that it is secretly conducting military nuclear research, Iran has maintained that its nuclear program is only for civilian purposes.
At his first media conference since winning the presidential elections, Rowhani – who previously headed Iran’s delegation during nuclear talks with the six world powers – said that Tehran’s nuclear activities “are already transparent,” but “the only way to end the sanctions is to increase the transparency and trust” between Iran and the international community.
Washington has been expecting changes in Iran’s hardline stance on the nuclear issue following the country’s presidential elections. White House Chief of Staff Denis McDonough said Sunday on ‘Face the Nation’ that Washington is ready to work with the new administration in Tehran, “If he lives up to his obligations under the UN Security Council resolution to come clean on this illicit nuclear program.”
But Israeli Prime Minister Benjamin Netanyahu remained unconvinced: “The international community must not become caught up in wishes and be tempted to relax the pressure on Iran to stop its nuclear program,” he said.
President-elect Rowhani will assume office in August. He believes that he can heal the “old wound” of troubled US-Iran relations if Washington stops interfering in Tehran’s internal affairs and permanently ends its “bullying” practices towards Iran.
Related article
- What Should be Expected From President Rowhani? (alethonews.wordpress.com)

