Iraqi sources confirmed the waiver of American sanctions to pay Iran’s debt

According to the report of the International Economic Group of Fars News Agency, Reuters quoted a senior official in the Iraqi Foreign Ministry and wrote that Iraq has agreed to pay about 2.76 billion dollars in gas and electricity debt to Iran after receiving a sanction exemption from the United States.

The senior official, who did not want to be named, said: Iraqi Foreign Minister Fouad Hussein has received permission for this payment during a meeting with US Secretary of State Anthony Blinken on the sidelines of the Riyadh Conference on Thursday.

Yesterday, Yahya Al-Ishaq, the head of Iran-Iraq Joint Chamber of Commerce, said that about 3 billion dollars have been paid from Iran’s demand in Iraq for the needs of Iranian pilgrims and also for the supply of basic goods.

Due to several decades of war and conflict and embargo, Iraq depends on imports from Iran to supply many of its gas sources.

At the same time, US sanctions against Iran’s oil and gas sector also prevent Iraq from paying for these imports and have caused the country’s heavy debts to Iran.

Ahmad al-Sahaf, the spokesman of the Iraqi Foreign Ministry, in a short statement, announced the progress during the conversation between the foreign minister of his country and his American counterpart, regarding the payment of Iraq’s financial debts to Iran, but refused to provide more details.

This source of the Iraqi Ministry of Foreign Affairs confirmed that these funds were transferred through the Iraqi Commercial Bank, these amounts were allocated for the expenses of Iranian pilgrims and a part was used to supply basic goods.

Follow-ups indicate that Iran received this 2.76 billion dollars last week.

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