America officially announces extension of Iraq's exemption from sanctions on Iran

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America officially announces extension of Iraq's exemption from sanctions on Iran Empty America officially announces extension of Iraq's exemption from sanctions on Iran

Post  Admin on Sat Jun 15, 2019 9:07 am

2019/06/15 05:46:59

The US State Department on Saturday officially extended the deadline for Iraq to import electricity from Iran for 120 days.

In October, Iraq signed five-year "road map" agreements with General Electric and Siemens, under which Baghdad plans to spend about $ 14 billion on new plants, maintenance, repair and power lines, and then buy equipment to collect natural gas that is being burned. Currently exploiting it.

When Iraq awarded Siemens a contract in April, Prime Minister Adel Abdul Mahdi said the German company was in a position to win most of the futures contracts.

But sources in contact with the three parties told Reuters that Iraq had asked under US pressure from General Electric and Siemens to enter bids on contracts, and is expected to give Baghdad contracts for both companies.




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