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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

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    The US State Department reveals the destination of the Iranian money owed by Iraq in dollars

    Rocky
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    The US State Department reveals the destination of the Iranian money owed by Iraq in dollars Empty The US State Department reveals the destination of the Iranian money owed by Iraq in dollars

    Post by Rocky Wed 26 Jul 2023, 7:20 am

    [size=30]The US State Department reveals the destination of the Iranian money owed by Iraq in dollars
    [ltr]2023.07.26 - 12:36[/ltr]
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    Baghdad - Nas  
    US State Department spokesman Matthew Miller announced that Oman will receive part of the Iranian funds frozen in Iraqi banks.  
      
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    "This money can only be used for non-sanctionable activities," Miller said in his press conference.  
      
    He added, without going into details in this regard: "As we said earlier, we thought it was important to get this money out of Iraq because it is a pretext used by Iran against Baghdad."  
      
    This US State Department official also confirmed that any spending of these funds must be approved by the US Treasury Department.  
      
    Meanwhile, Nasser Kanaani, a spokesman for the Iranian Foreign Ministry, said on Monday that "Iraq has deposited our money in an Iraqi bank."  
      
    Kanani added, "South Korean officials made positive promises regarding the release of funds. The tour of officials from countries in the region aims to facilitate the revival of the nuclear deal, the lifting of sanctions, and the release of blocked funds."  
      
    Earlier, a spokesman for the US State Department, in his press conference, confirmed the reports about the release of about three billion dollars of Iranian funds withheld in Iraq.  
      
    Miller indicated, in his press conference at the end of June, that this procedure is taking place in order to carry out humanitarian transactions, and in past years, previous US governments also approved such transactions in accordance with US law in coordination with the Iraqi government.  
      
    Prior to that, Reuters reported, quoting a senior official at the Iraqi Foreign Ministry, that after obtaining the approval of the United States, Iraq will pay its debts amounting to about two billion and 760 million dollars to buy gas and electricity from Iran.  
      
    On Saturday, the unnamed official told Reuters that Iraqi Foreign Minister Fuad Hussein obtained US approval after meeting with his US counterpart, Anthony Blinken, on the sidelines of the recent Riyadh conference.  
      
    It is noteworthy that Iraq depends on Iran for energy supplies due to several decades of conflict and war, in addition to the imposition of international sanctions on it.  
      
    But US sanctions on Iran's oil and gas industry made it difficult for Iraq to pay Iran money for these purchases, and this issue has become a contentious issue between Tehran and Baghdad. Therefore, in recent years, Iran has repeatedly cut off the flow of gas in response to these debts.  
      
    Last March, Iran International received secret messages from the Iranian Ministry of Foreign Affairs, which show the strictness of the Trade Bank of Iraq regarding the withdrawal of withheld Iranian funds, as well as the contradictions of Ibrahim Raisi's government in this regard.  
      
    According to a document containing several new secret messages issued by Iran's Foreign Ministry, the "Trade Bank of Iraq" is not willing to carry out the multi-billion-dollar transactions requested by the Iranian side, and is willing to release Iran's resources only in humanitarian cases and in small quantities, also very strictly and with the full supervision of the US Treasury.  
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