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America extends exemption for Iraq from sanctions for importing electricity from Iran
- Time: 12/09/2021 14:22:45
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{Economic: Al Furat News} An American newspaper said that the United States allowed Iraq to import electricity from Iran for a period of 120 days.
The Washington Free Beacon reported in a report that "the administration of President Joe Biden has quietly abandoned sanctions imposed on Iran to allow it to sell electricity to Iraq, through a notification submitted to Congress at the time that nuclear talks between the United States and Tehran resumed this week."
The waiver of sanctions gives Iran another 120 days to sell electricity to Iraq without facing sanctions, an arrangement that has brought income to the hard-line regime.
The State Department says in the waiver that Iranian electricity sales to Iraq remain "in the national security interests of the United States." According to the exemption, Iraq failed to reduce its dependence on Iranian electricity, which made it necessary for the United States to waive sanctions to enable these sales.
A State Department spokesperson, speaking only in the background, confirmed that the waiver had been issued and said it was aimed at helping ensure Iraq's ability to generate power. The spokesman did not comment on the timing of the waiver, or whether it was part of an effort to ease nuclear negotiations with Iran.
The spokesman said, "The minister renewed the exemption from sanctions on Iraq's entry into financial transactions related to importing electricity from Iran," noting that "the exemption ensures Iraq's ability to meet its energy needs in the short term while taking steps to reduce its dependence on Iranian energy imports."
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} An American newspaper said that the United States allowed Iraq to import electricity from Iran for a period of 120 days.
The Washington Free Beacon reported in a report that "the administration of President Joe Biden has quietly abandoned sanctions imposed on Iran to allow it to sell electricity to Iraq, through a notification submitted to Congress at the time that nuclear talks between the United States and Tehran resumed this week."
The waiver of sanctions gives Iran another 120 days to sell electricity to Iraq without facing sanctions, an arrangement that has brought income to the hard-line regime.
The State Department says in the waiver that Iranian electricity sales to Iraq remain "in the national security interests of the United States." According to the exemption, Iraq failed to reduce its dependence on Iranian electricity, which made it necessary for the United States to waive sanctions to enable these sales.
A State Department spokesperson, speaking only in the background, confirmed that the waiver had been issued and said it was aimed at helping ensure Iraq's ability to generate power. The spokesman did not comment on the timing of the waiver, or whether it was part of an effort to ease nuclear negotiations with Iran.
The spokesman said, "The minister renewed the exemption from sanctions on Iraq's entry into financial transactions related to importing electricity from Iran," noting that "the exemption ensures Iraq's ability to meet its energy needs in the short term while taking steps to reduce its dependence on Iranian energy imports."
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