Declaration made upon signature:
"The Government of the Islamic Republic of Iran seizes the opportunity at this moment of signing 'the United Nations Convention on International Settlement Agreements Resulting from Mediation', to place on the record its 'understanding' in relation to provisions of the Convention, bearing in mind that the main objective for submitting this declaration is the avoidance of eventual future interpretation of the following articles in a manner incompatible with the original intention and previous positions or in disharmony with national laws and regulations of the Islamic Republic of Iran.
It is the understanding of the Islamic Republic of Iran as well as reservations that:
- the Islamic Republic of Iran has no obligation to apply this Convention to settlement agreements to which it is a party, or to which any governmental agencies or any person acting on behalf of a governmental agency is a party, to the extent specified in the declaration;
- The Islamic Republic of Iran will apply this Convention only to the extent that the parties to the settlement agreement have agreed to the application of the Convention;
- The Islamic Republic of Iran may have the choice to make reservations upon ratification;
- The Islamic Republic of Iran, in accordance with the relevant provisions of the Convention, reserves the right to adopt laws and regulations to co-operate with the States."