Jul 19, 2023, 10:46 AM
News ID: 85174464
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Washington's new waiver lets Baghdad pay Tehran for electricity: report

New York, IRNA – Washington has issued a 120-day waiver that lets Baghdad pay Tehran for electricity through non-Iraqi banks, news outlets reported.

The US Secretary of State Antony Blinken has signed a 120-day waiver which allows Iraq – heavily dependent on Iran’s electricity - to put the payment into non-Iraqi banks in the third countries instead of into restricted accounts in Iraq, the London-based news agency Reuters quoted the official as speaking on condition of anonymity on Tuesday.

"We have to help the Iraqis with this perennial pressure from the Iranians to access the money," said the US official.

According to Iraqi media, Coordination Framework coalition has issued a statement calling on Prime Minister Mohammed Shia al-Sudani to hold talks with the American side to release the frozen assets of Iraq and put them into an Iraqi bank in order to pay its debt back to Iran in order to solve the crisis of electricity in the country.

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