Realization of the International Responsibility of the United States for "not Recognizing the Legal Status of Iranian Companies" in the Case of Certain Iranian Assets

The International Court of Justice, in the case of Certain Iranian Assets, by considering the scope of international obligations of the United States, including and in partcular the head of Article 3 of the Treaty of Amity, Economic Relations and Consular Rights, has confirmed that the fundamental dispute between the parties is about the recognition of the legal status of foreign companies. The present essay by applying a descriptive-analytical method and through observing the precedents of the international judicial and arbitration tribunals and the Draft Articles of the International Law Commission on Responsibility of States for Internationally Wrongful Acts, has proven that the actions of the United States Section 201(a) of the Terrorism Risk Insurance Law and Section 601(g)(1) of the Foreign Government Immunities Act in particular and their enforcement by their national courts are according to the customary internatonal law attributable to the United States and consequently this country has violated its treaty obligations. Thus, both elements required to establish the existence of an internationally wrongful act have been met and accordingly the responsibility of the United States has been . The Court, in line with the request of the Islamic Republic of Iran, has ordered compensation in favour of Iran as a result of such responsibility.