The Hostage Crisis and the Secret Negotiations that Led to Its Resolution

  • Mahvash Alerassool
Part of the International Political Economy Series book series


The problems faced by US banks with respect to the litigation in Europe, concerning Iranian offshore assets, could not be resolved in favour of the banks and policy objectives of the US administration by court decisions. The United States was faced, on the one hand, with the hostage crisis and, on the other hand, with the crisis that was created as a result of the freeze. The hostage crisis had far reaching political implications for both Iran and the United States, while the freeze posed new issues in European and US courts with significant legal and financial implications.1


Foreign Minister Islamic Republic Military Coup Iranian People National Security Council 
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  1. 3.
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Copyright information

© Mahvash Alerassool 1993

Authors and Affiliations

  • Mahvash Alerassool
    • 1
  1. 1.London School of EconomicsUK

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