Iraq to pay $2.76bln in gas and electricity debt to Iran zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
ALBAWABA – Talks between Iraq and US have led to a sanctions waiver, Saturday, allowing Iraq to pay Iran $2.76 billion in due gas and electricity bills.
Iraq on Saturday agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States. Iraqi Foreign Minister Fuad Hussein was given the clearance during a meeting with US Secretary of State Antony Blinken on the sidelines of the Riyadh Conference on Thursday, a senior Iraqi foreign ministry official said, who spoke on condition of anonymity because he is not authorized to speak to the media, told Reuters. Due to decades of conflict and sanctions, Iraq is dependent on imports from Iran for a lot of its gas needs.
Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said. Iraqi Foreig.