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The Iraqi government "ignores" US sanctions against Iran... and warnings of their consequences
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Baghdad - translation
The (Oil Price) international network concerned with economic affairs said that the Iraqi authorities are now “deliberately ignoring” the US sanctions imposed on Tehran, warning of “consequences” on the Iraqi economic and political conditions in the event of this ignoring.
The network explained, according to what it translated (Baghdad Today), that the visit that Iranian Oil Minister Javad Auchi made to Iraq last week included an agreement to “establish a joint office to supervise economic cooperation between the two countries,” stressing that “Iran is currently subject to US economic sanctions that have frozen Its balances are in Iraq, and the Iraqi government has granted a grace period of 120 days only to pay Iranian energy dues.
The network also clarified that the US authorities “froze” Iranian financial assets in Iraq in an attempt to “prevent the Iraqi government from expanding its economic cooperation in the field of energy with Iran,” which it said the Iraqi government is now “ignoring,” warning of “consequences” it might take. Washington against the Iraqi authorities, including "stopping the exemption granted to Iraq to hand over to Iran an amount of 500 million dollars for energy import dues," according to its description.
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