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The possible economic effects of the Iranian-American agreement on Iraq (details)
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Baghdad today - Baghdad
Economic expert Nabil Al-Marsoumi explained today, Saturday, the possible economic effects on Iraq after the Iranian-American agreement.
Al-Marsoumi said in a post that I followed (Baghdad Today) that "there are many indications that the announcement of an interim agreement between Iran and the United States will soon be announced, after the International Atomic Energy Agency announced the resolution of outstanding issues with Iran related to uranium enrichment rates that reached 83%, as well as issues related to the discovery of nuclear activities." nuclear weapons at some undeclared sites by Iran.
He pointed out that "this means that the contentious issues between Iran and the agency have been resolved," noting that "any US-Iranian agreement would lead to an increase in Iranian oil production and exports between half a million and one million barrels per day, which would lead to a decrease in oil prices." And that will negatively affect oil revenues in OPEC countries, including Iraq."
He continued, "But on the other hand, if this agreement leads to the abolition of restrictions on bank transfers in dollars to Iran, this will lead to a significant improvement in the exchange rate of the dinar against the dollar, and the parallel exchange rate will come very close to the official rate as a result of the shift in the payment of Iranian merchants' dues from cash dollars to remittances." banking".
And he indicated that "it will also result in an increase in Iranian gas releases to Iraq, as the agreement will lead to the possibility of paying Iran's debts to Iraq in dollars."
Earlier, media sources announced an imminent agreement between the US and Iran regarding the nuclear issue.
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