Foreign Claims Settlement Commission

The Foreign Claims Settlement Commission (FCSC) is a U.S. government agency responsible for handling claims from American citizens and businesses who suffered losses due to foreign government actions, such as nationalization or expropriation of property. Established in the 1950s, the FCSC evaluates these claims, determines their validity, and may provide compensation from funds set aside by the U.S. government. Its role is to ensure that U.S. nationals receive fair treatment and justice in international disputes involving property loss or damage.