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Iraq pays the costs of the Iranian pilgrims from their account in the Trade Bank of Iraq

Rocky

Rocky: Admin Assist; Posts : 277490
Join date : 2012-12-21

Post n°1

Iraq pays the costs of the Iranian pilgrims from their account in the Trade Bank of Iraq

by Rocky Sat 10 Jun 2023, 4:36 am

Iraq pays the costs of the Iranian pilgrims from their account in the Trade Bank of Iraq

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A US-Iraqi meeting to discuss economic issues

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Economy News - Baghdad

Deputy Prime Minister Fuad Hussein discussed with US Secretary of State Anthony Blinken the financial dues of the Iranian government on Iraq due to the purchase of gas and electricity.

A government statement, seen by Al-Iqtisad News, said that the two ministers discussed the financial dues of the Iranian government to Iraq due to the purchase of gas and electricity from the Islamic Republic of Iran and how to deal with the American measures on international banks, including Iraqi banks, as these measures are within the framework of the sanctions policy. America on Iran.

The Iraqi Deputy Prime Minister stressed the need to find a solution to this problem, as it directly affects the electrical sector in Iraq. From this standpoint, he thanked the US side for allowing the issue of financial payments to Iranian pilgrims and from Iranian money in Iraqi banks to be resolved.

Iran has an account in the Trade Bank of Iraq, to put their money from selling electricity and gas to Iraq, which the government refuses to transfer due to US sanctions on the Iranian side.

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