US grants Iraq 45-day waiver to im­port gas, elec­tric­ity from Iran

Iran Daily - - Domestic Economy -

Iraq can con­tinue to im­port nat­u­ral gas and en­ergy sup­plies from Iran for a pe­riod of 45 days, the United States said, sev­eral days af­ter reim­pos­ing sanc­tions on Iran’s oil sec­tor.

“The United States has given Iraq a tem­po­rary re­lief from the sanc­tions for 45 days to con­tinue pur­chas­ing nat­u­ral gas and elec­tric­ity from Iran,” the US Em­bassy in Iraq said in a video pub­lished on its of­fi­cial Face­book page, Reuters re­ported.

“This re­lief gives Iraq time to start tak­ing steps to­wards en­ergy in­de­pen­dence,” the video said.

Iraq cen­tral bank of­fi­cials said in Au­gust that the coun­try’s econ­omy is so closely linked to Iran that Bagh­dad would ask Wash­ing­ton for ex­emp­tions from some of the sanc­tions.

The cur­rent tem­po­rary waiver is con­di­tional on Iraq not pay­ing Iran for im­ports in US dol­lars.

Sanc­tions, which were lifted un­der a 2015 nu­clear deal ne­go­ti­ated by for­mer US pres­i­dent Barack Obama’s ad­min­is­tra­tion and five other world pow­ers, were reim­posed on Nov. 5.

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