Russia, Iran say in declaration that private, government property can’t be seized

Russian Politics & Diplomacy December 05, 2023, 20:54

"The jurisdictional immunities of States and the immunity of their properties shall at all time be observed and protected against the implementation of unilateral coercive measures," the declaration said

MOSCOW, December 5. /TASS/. Russia and Iran believe that private and government property and diplomatic premises should not be subject to freezing and seizure as part of unilateral sanctions, according to a joint declaration signed by the countries.

The Declaration by the Russian Federation and the Islamic Republic of Iran on the Ways and Means to Counter, Mitigate and Redress the Adverse Impacts of Unilateral Coercive Measures has been posted on the Russian Foreign Ministry’s website.

"State and private properties and assets, including bank accounts, bonds, real estate as well as consular and diplomatic premises and facilities, shall be immune from and not subject to freezing, forfeiture or any other form of confiscation or restriction arising from the implementation of unilateral coercive measures by any authorities. The jurisdictional immunities of States and the immunity of their properties shall at all time be observed and protected against the implementation of unilateral coercive measures," the declaration said.

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