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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq is looking for ways to bypass Washington's sanctions on Iran and considers it non-binding

    Rocky
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    Iraq is looking for ways to bypass Washington's sanctions on Iran and considers it non-binding Empty Iraq is looking for ways to bypass Washington's sanctions on Iran and considers it non-binding

    Post by Rocky Thu 03 Jan 2019, 3:07 am

    Iraq is looking for ways to bypass Washington's sanctions on Iran and considers it non-binding
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    Follow - up / ... Iraq 's foreign minister says his country is "non - binding" commitment to the US unilateral sanctions against Iran, stressing that Baghdad was considering to overcome those restrictions and to maintain trade relations with its neighbor options.
    "These sanctions, the siege, or the so-called blockade, are unilateral, not international," Mohammad Ali al-Hakim told reporters, stressing that Iraq is not bound by sanctions.
    He said Baghdad was considering possible options to keep bilateral trade routes open, including "dealing with Iraqi dinar in bilateral trade" and setting up a payment fund for Iran.
    The current level of bilateral bilateral trade between Iran and Iraq is $ 12 billion, and the two neighbors are seeking to raise this figure to $ 20 billion in the near future.
    Iraq has a 1,450-kilometer border with Iran, where it relies heavily on Iranian natural gas to feed power plants, imports about 1.5 billion standard cubic feet per day, and imports electricity and a wide range of goods from Iran.
    And it launched the United States unleashed its sanctions "stronger than ever" against Iran since its withdrawal from the nuclear agreement in 2015, known officially as the comprehensive joint plan of action. "
    It also warned against imposing tough sanctions on foreign companies that evade the US embargo and engage in business dealings with Iran.
    And it gave Washington a concession to Iraq for a period of 45 days on gas imports from Iran in early November , when re - imposed a second round of sanctions on the country. In December, the United States extended the waiver for 90 days.
    And the United States gave Iraq a concession for a period of 90 days because of the sanctions imposed on Iran to import natural gas and electricity.
    On November 17, 2018, Iraqi President Barham Salih paid an official visit to Tehran for talks with senior Iranian officials, during which he discussed boosting economic ties between the two countries. He expressed his appreciation for Iran's support for the Iraqi nation in its war against former dictator Saddam Hussein and terrorism.
    The Ministry of Electricity announced earlier that the Iranian Energy Minister pledged to continue supplying Iraq with electricity and gas in the next stage.
    The ministry said in a statement received by "Eye of Iraq News" that "the Minister of Electricity Luay Khatib received at the Baghdad International Airport, Iranian Energy Minister Reza Erdkanian, and his delegation, which is visiting Iraq to discuss the joint files in the field of energy."
    The delegation also held an important meeting in the presence of Deputy Prime Minister for Energy, Oil Minister Thamer Al Ghadhban, Minister of Electricity Loay Al Khatib and Governor of the Central Bank Ali Al-Alaq, in which the files between the two countries relating to electric energy processed by Iran were presented, , And debt of their own, as well as the linkage between the Iraqi and Iranian electricity system.
    The statement said that "the Iranian minister pledged to continue to supply electricity to Iraq next summer, in addition to gas," adding that "the meetings between the two sides will continue to reach a mechanism for the compatibility of the continuity of work between the two countries"
    The value of Iranian exports to Iraq in the first eight months of this year amounted to $ 6.757 million, or 66.59 per cent in value and 66.14 per cent in terms of weight, compared to the same period last year.
    Iran's non-oil exports stood at 75 million and 270,000 tons in the first eight months of this year, with a value of 31 billion and 491 million dollars, the official IRNA news agency reported Tuesday, an average of more than 436 million dollars a month.
    Iraq has always been the second largest market for Iranian exports in recent years, and in the past two months, Iraq ranked first among the countries of export destination of the country.
    In October of this year, Iraq's imports from Iran increased by 3 million and 745 thousand tons. In this way, Iraq ranked in the statistical tables, ranking first among countries importing from Iran.
    The survey showed that in the first eight months of this year, 14 million and 215,000 tons of goods were exported to Iraq, which included 18.89 percent of the weight of exports.
    The main components of Iran's exports to Iraq include parts and components of steam turbines, panels, thin sheets and plastic tapes, dairy products, household appliances, sanitary ware, fruits and vegetables . "


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