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FSIA |
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Accordingly, under this view of the FSIA, we believe that a defense of sovereign immunity should not interfere with the effective regulation of the operations of foreign government owned banks in the United States in the future. The FSIA provides for jurisdiction in cases, such as this one, which allege that a foreign government has violated the International Convention Against the Taking of Hostages by seizing American citizens in order to extract concessions from the United States. |
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