Abdul Mahdi reassures Iran: Iraq will not be part of the system of US sanctions

Twilight News
[ltr]Economic News[/ltr]

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2019/02/06 11:44
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(Reuters) - Iraqi Prime Minister Adel Abdul Mahdi on Wednesday reiterated his government's stance not to support economic sanctions imposed by the United States on Iran.
This came during a meeting with the Governor of the Central Bank of Iran, Abdul Nasser al-Hamti and his accompanying delegation, according to a statement issued by the Iraqi government.
"The people of Iraq have suffered from the blockade and are aware of the harm done to the people by their own actions," Abdul Mahdi was quoted as saying.
"Iraq will not be part of the sanctions regime against Iran and any other people," he said.




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[ltr]Iraq pays Iran $ 2 billion [/ltr]

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2019/02/06 14:24
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(Encyclopedia of this day news) -
The Central Bank of Iraq and his Iranian counterpart signed an agreement to pay debts owed to Iran on the sidelines of a visit by the Governor of the Central Bank of Iran, Abdul Nasser Hamati, to Baghdad. A source in the Central Bank of Iraq, "Anatolia", "The signing comes to find consensus "The source added that the debts recorded on Iraq for the benefit of Iran, worth two billion dollars, in exchange for imports of electricity, gas and some goods, during the past years, which correspond to what announced by the Iranian Oil Minister, Bijen Zankane, Tuesday. Iraq imports 1,000 megawatts Of electricity from Iran, to reduce the shortage Energy in the country years ago Taiwilh.kma imports about 10 million cubic meters of Iranian gas per day, for the operation of seven power plants provide more than 20% of the actual need of Iraq for electricity, according to official data.

Both Tehran and Baghdad have strong economic ties, and the volume of trade between the two sides has reached more than $ 10 billion a year in recent years, and they are trying to increase it, according to official data. Washington has exempted Baghdad from sanctions on Iran and allowed it to import gas And electric power.

US sanctions on Iran include two packages, the first aimed at blocking the dealings with Tehran by governments and companies, stopping dollar transfers, and blocking the purchase of Iranian currency and a bank ban.




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