Israel must pay Iran for pipeline project loss: Swiss Arbitration panel
A Swiss arbitration panel has ruled that Israel should pay Iran for the loss of its stake in the Eilat-Ashkelon pipeline./ The pipeline project was a joint venture by the former Iranian regime and Israel in 1968, but it crashed after the 1979 Islamic Revolution of Iran, Press TV reported./ According to the panel’s preliminary ruling, Israel should pay Iran the value of a 50% stake in compensation for the loss./ The Swiss arbitrator in its ruling in mid-2013 made a decision in favor of Iran and asked Israel to pay up to $100 million in ...
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