Home > 105th Congressional Documents > H.Doc.105-253 CONTINUATION OF NATIONAL EMERGENCY DECLARED WITH RESPECT TO BURMA ...

H.Doc.105-253 CONTINUATION OF NATIONAL EMERGENCY DECLARED WITH RESPECT TO BURMA ...


Google
 
Web GovRecords.org





105th Congress, 2d Session - - - - - - - - - - - House Document 105-252


 
    DEVELOPMENTS CONCERNING NATIONAL EMERGENCY WITH RESPECT TO IRAN

                               __________

                                MESSAGE

                                  from

                   THE PRESIDENT OF THE UNITED STATES

                              transmitting

A REPORT ON DEVELOPMENTS CONCERNING THE NATIONAL EMERGENCY WITH RESPECT 
TO IRAN THAT WAS DECLARED IN EXECUTIVE ORDER NO. 12170 OF NOVEMBER 14, 
                  1979, PURSUANT TO 50 U.S.C. 1703(c)


<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>


    May 13, 1998.--Message and accompanying papers referred to the 
     Committee on International Relations and ordered to be printed


To the Congress of the United States:
    I hereby report to the Congress on developments since the 
last Presidential report of November 25, 1997, concerning the 
national emergency with respect to Iran that was declared in 
Executive Order 12170 of November 14, 1979. This report is 
submitted pursuant to section 204(c) of the International 
Emergency Economic Powers Act (IEEPA), 50 U.S.C. 1703(c). This 
report covers events through March 31, 1998. My last report, 
dated November 25, 1997, covered events through September 30, 
1997.
    1. There have been no amendments to the Iranian Assets 
Control Regulations, 31 CFR Part 535 (the ``IACR''), since my 
last report.
    2. The Iran-United States Claims Tribunal (the 
``Tribunal''), established at The Hague pursuant to the Algiers 
Accords, continues to make progress in arbitrating the claims 
before it. Since the period covered in my last report, the 
Tribunal has rendered one award. This brings the total number 
of awards rendered by the Tribunal to 585, the majority of 
which have been in favor of U.S. claimants. As of March 31, 
1998, the value of awards to successful U.S. claimants paid 
from the Security Account held by the NV Settlement Bank was 
$2,480,897,381.53.
    Since my last report, Iran has failed to replenish the 
Security Account established by the Algiers Accords to ensure 
payment of awards to successful U.S. claimants. Thus, since 
November 5, 1992, the Security Account has continuously 
remained below the $500 million balance required by the Algiers 
Accords. As of March 31, 1998, the total amount in the Security 
Account was $125,888,588.35, and the total amount in the 
Interest Account was $21,716,836.85. Therefore, the United 
States continues to pursue Case No. A/28, filed in September 
1993, to require Iran to meet its obligation under the Algiers 
Accords to replenish the Security Account.
    The United States also continues to pursue Case No. A/29 to 
require Iran to meet its obligation of timely payment of its 
equal share of advances for Tribunal expenses when directed to 
do so by the Tribunal. Iran filed its Rejoinder in this case on 
February 9, 1998.
    3. The Department of State continues to respond to claims 
brought against the United States by Iran, in coordination with 
concerned government agencies.
    On January 16, 1998, the United States filed a major 
submission in Case No. B/1, a case in which Iran seeks 
repayment for alleged wrongful charges to Iran over the life of 
its Foreign Military Sales (FMS) program, including the costs 
of terminating the program. The January filing primarily 
addressed Iran's allegation that its FMS Trust Fund should have 
earned interest.
    Under the February 22, 1996, settlement agreement related 
to the Iran Air case before the International Court of Justice 
and Iran's bank-related claims against the United States before 
the Tribunal (see report of May 16, 1996), the Department of 
State has been processing payments. As of March 31, 1998, the 
Department of State has authorized payment to U.S. nationals 
totaling $13,901,776.86 for 49 claims against Iranian banks. 
The Department of State has also authorized payments to serving 
family members of 220 Iranian victims of the aerial incident, 
totaling $54,300,000.
    During this reporting period, the full Tribunal held a 
hearing in Case No. A/11 from February 16 through 18. Case No. 
A/11 concerns Iran's allegations that the United States 
violated its obligations under Point IV of the Algiers Accords 
by failing to freeze and gather information about property and 
assets purportedly located in the United States and belonging 
to the estate of the late Shah of Iran or his close relatives.
    4. U.S. nationals continue to pursue claims against Iran at 
the Tribunal. Since my last report, the Tribunal has issued an 
award in one private claim. On March 5, 1998, Chamber One 
issued an award in George E. Davidson versus Iran, AWD No. 585-
457-1, ordering Iran to pay the claimant $227,556 plus interest 
for Iran's interference with the claimant's property rights in 
three buildings in Teheran. The Tribunal dismissed the 
claimant's claims with regard to other property for lack of 
proof. The claimant received $20,000 in arbitration costs.
    5. The situation reviewed above continues to implicate 
important diplomatic, financial, and legal interests of the 
United States and its nationals and presents an unusual 
challenge to the national security and foreign policy of the 
United States. The Iranian Assets Control Regulations issued 
pursuant to Executive Order 12170 continue to play an important 
role in structuring our relationship with Iran and in enabling 
the United States to implement properly the Algiers Accords. I 
shall continue to exercise the powers at my disposal to deal 
with these problems and will continue to report periodically to 
the Congress on significant developments.

                                                William J. Clinton.
    The White House, May 13, 1998.

                                <greek-d>


Pages: 1

Other Popular 105th Congressional Documents Documents:

1 T.Doc.105-20 EXTRADITION TREATY WITH BARBADOS ...
2 H.Doc.105-350 CONTINUATION OF NATIONAL EMERGENCY WITH SUDAN ...
3 H.Doc.105-50 PRESIDENTIAL DETERMINATION REGARDING CERTIFICATION OF THE THIRTY-TWO ...
4 H.Doc.105-346 DEVELOPMENTS CONCERNING NATIONAL EMERGENCY WITH SUDAN ...
5 H.Doc.105-19 MAKING AVAILABLE APPROPRIATIONS ...
6 S.Doc.105-22 WASHINGTON'S FAREWELL ADDRESS ...
7 H.Doc.105-246 CERTIFICATION CONCERNING THE PROHIBITION OF CHEMICAL WEAPONS ...
8 H.Doc.105-252 DEVELOPMENTS CONCERNING NATIONAL EMERGENCY WITH RESPECT TO IRAN ...
9 H.Doc.105-241 DEVELOPMENTS CONCERNING NATIONAL EMERGENCY WITH RESPECT TO SIGNIFICANT ...
10 T.Doc.105-27 TREATY WITH AUSTRALIA ON MUTUAL ASSISTANCE IN CRIMINAL MATTERS ...
11 H.Doc.105-158 VETO OF H.R. 1122 ...
12 T.Doc.105-21 EXTRADITION TREATY WITH TRINIDAD AND TOBAGO ...
13 H.Doc.105-58 MAKING AVAILABLE APPROPRIATIONS ...
14 H.Doc.105-70 AMENDMENTS TO THE FEDERAL RULES OF BANKRUPTCY PROCEDURE ...
15 H.Doc.105-270 FY 1999 BUDGET AMENDMENTS ...
16 H.Doc.105-164 NAVIGATION PROJECT FOR CAPE FEAR-NORTHEAST RIVERS, NORTH CAROLINA ...
17 H.Doc.105-278 CONTINUATION OF WAIVER AUTHORITY ...
18 H.Doc.105-238 WAIVER UNDER THE TRADE ACT OF 1974 WITH RESPECT TO VIETNAM ...
19 H.Doc.105-96 VETO OF H.R. 1469 ...
20 S.Doc.105-12 SENATE ELECTION LAW GUIDEBOOK 1998 ...
21 H.Doc.105-326 NATIONAL EMERGENCY WITH RESPECT TO NARCOTICS TRAFFICKERS IN COLOMBIA ...
22 H.Doc.105-315 CONTINUATION OF NATIONAL EMERGENCY WITH RESPECT TO ANGOLA ...
23 H.Doc.105-217 ORDERING THE SELECTED RESERVE OF THE ARMED FORCES TO ACTIVE DUTY ...
24 S.Doc.105-35 Dan Coats ...
25 H.Doc.105-347 CUMULATIVE REPORT ON RESCISSIONS AND DEFERRALS ...
26 H.Doc.105-166 NATIONAL EMERGENCY WITH RESPECT TO SUDAN ...
27 H.Doc.105-188 OMB'S FINAL SEQUESTRATION REPORT FOR FISCAL YEAR 1998 ...
28 H.Doc.105-106 EXTENSION OF FISHERY AGREEMENT BETWEEN THE UNITED STATES AND THE ...
29 H.Doc.105-129 MID-SESSION REVIEW OF THE 1998 BUDGET ...
30 H.Doc.105-244 1998 ANNUAL REPORT OF THE BOARD OF TRUSTEES OF THE FEDERAL ...


Other Documents:

105th Congressional Documents Records and Documents

GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.
House Rules:

104th House Rules
105th House Rules
106th House Rules

Congressional Bills:

104th Congressional Bills
105th Congressional Bills
106th Congressional Bills
107th Congressional Bills
108th Congressional Bills

Supreme Court Decisions

Supreme Court Decisions

Additional

1995 Privacy Act Documents
1997 Privacy Act Documents
1994 Unified Agenda
2004 Unified Agenda

Congressional Documents:

104th Congressional Documents
105th Congressional Documents
106th Congressional Documents
107th Congressional Documents
108th Congressional Documents

Congressional Directory:

105th Congressional Directory
106th Congressional Directory
107th Congressional Directory
108th Congressional Directory

Public Laws:

104th Congressional Public Laws
105th Congressional Public Laws
106th Congressional Public Laws
107th Congressional Public Laws
108th Congressional Public Laws

Presidential Records

1994 Presidential Documents
1995 Presidential Documents
1996 Presidential Documents
1997 Presidential Documents
1998 Presidential Documents
1999 Presidential Documents
2000 Presidential Documents
2001 Presidential Documents
2002 Presidential Documents
2003 Presidential Documents
2004 Presidential Documents

Home Executive Judicial Legislative Additional Reference About Privacy