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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Reuters: America considers swapping Iraq and Iran a "political decision"... What is its position on

    Rocky
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    Reuters: America considers swapping Iraq and Iran a "political decision"... What is its position on  Empty Reuters: America considers swapping Iraq and Iran a "political decision"... What is its position on

    Post by Rocky Sat 15 Jul 2023, 4:08 am

    [size=35][size=35]Reuters: America considers swapping Iraq and Iran a "political decision"... What is its position on it?[/size]
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    International

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    2023-07-15 | 01:34
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    Alsumaria News - Internationals

    The British newspaper, Reuters, revealed today, Saturday, America's position on bartering Iranian natural gas for Iraqi oil, while American officials considered it "a political decision, not a legal issue."


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    Reuters in a report that three former US officials said that bartering stated Iranian natural gas for Iraqi oil, according to the agreement announced by Iraqi Prime Minister[url=https://www.alsumaria.tv/Entity/2793230493/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohammed Shia al-Sudani[/url]earlier in the week, would constitute a violation of US sanctions imposed on Tehran, unless the[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9 %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9/ar/]United States[/url]issued an exception allowing it. .



    Al-Sudani said on Tuesday that[You must be registered and logged in to see this link.]A barter of crude oil for Iranian gas will begin to end recurring delayed payments due to[You must be registered and logged in to see this link.]Because of the need to obtain US approval for these transactions.

    Al-Sudani added that Iran has reduced its gas exports to Iran[You must be registered and logged in to see this link.]By more than half until July 1, due to Baghdad's inability to obtain US approval to pay dues, however[You must be registered and logged in to see this link.]Agreed to resume pumping gas exports in exchange for crude oil.

    Few details have been announced about the possible barter agreement that would contribute to defusing a political problem that al-Sudani faces due to power outages during the sweltering summer.[You must be registered and logged in to see this link.]Where temperatures exceed 50 degrees Celsius.

    But three former US officials said the barter would likely run counter to US sanctions. According to the Reuters report,

    he said.[url=https://www.alsumaria.tv/Entity/1189227243/%D8%B1%D9%8A%D8%AA%D8%B4%D8%A7%D8%B1%D8%AF %D8%AC%D9%88%D9%84%D8%AF%D8%A8%D8%B1%D8%AC/ar/]Richard Goldberg[/url]From the Foundation for Defense of Democracies think tank, "Making this kind of trade-off with Iran would be a violation of US sanctions unless a US national security exception is issued."

    "This would be prohibited by the Iran Freedom and Nuclear Non-Proliferation Act, which prohibits any energy-related transactions with Iran," said Goldberg, who served on the National Security Council staff under former US President Donald Trump's administration.

    A US State Department official said[url=https://www.alsumaria.tv/Entity/89188252/%D8%A3%D9%86%D8%AA%D9%88%D9%86%D9%8A %D8%A8%D9%84%D9%8A%D9%86%D9%83%D9%86/ar/]Anthony Blinken[/url]The Secretary of State issued an exception on March 21 for a period of 120 days allowing Iraq to pay Iran for electricity imports only, not for the natural gas used to generate electricity in Iran.[You must be registered and logged in to see this link.].

    "The March 2023 exception granted by the foreign minister allows Iraq to buy electricity from Iran. Nothing else," the official added, on condition of anonymity. The State Department announced the exception on March 31.

    There is speculation that the exception may be modified to allow barter, a matter the official refused to discuss.

    "We are not in a position to review any future decisions related to the exception," the official said. "We have no comment at this time regarding reports regarding barter arrangements between[You must be registered and logged in to see this link.]And Iran.”

    She did not respond[url=https://www.alsumaria.tv/Entity/1023968287/%D8%A7%D9%84%D8%B3%D9%81%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9/ar/]Iraqi Embassy[/url]In Washington yet a request for comment.

    Former US officials said the Treasury Department, which oversees most US sanctions against Iran, defines the term "transaction" broadly, possibly including barter.

    "What's important here is whether the transaction is 'impact'. It doesn't matter if it's going to be in one currency or another or if ... it's a swap," said a former senior Treasury official, speaking on condition of anonymity.

    The former official added that this may provide "enough room for maneuver ... for the United States to turn a blind eye, but it is a political decision, not a legal issue."

    And he added, "From a purely legal point of view, it (the barter) definitely violates US sanctions."

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