[size=36]Iran announces the release of about 3 billion dollars of its frozen funds in Iraq[/size]
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Iran announced today, Saturday, the release of $2.7 billion of its frozen funds in Iraq due to US sanctions.
The head of the Iranian-Iraqi Joint Chamber of Commerce, Yahya Al-Ishaq, said, "Part of our debts owed by Iraq have been released," according to the Iranian "Tasnim" agency.
Al-Ishaq added, "Some of Iran's frozen resources in Iraq have been allocated to the needs of pilgrims, and part of the money is also paid for the supply of basic commodities," adding that the data indicates that the amount paid is about $2.7 billion. The head of the Joint Iranian-Iraqi Chamber of Commerce confirmed
that "This event will certainly have a positive impact on the markets," noting that "the central bank's needs are high and basic commodities have been purchased."
And the Iraqi Foreign Minister, Fuad Hussein, discussed with his American counterpart, Anthony Blinken, the financial dues of the Iranian government on Iraq due to the purchase of gas and electricity. Ended 29 / h