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An Iraqi bid to persuade America to agree to a food-for-gas deal with Iran

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An Iraqi bid to persuade America to agree to a food-for-gas deal with Iran

Post  RamblerNash on Wed Nov 14, 2018 11:53 am

An Iraqi bid to persuade America to agree to a food-for-gas deal with Iran

Iraq as an Iranian gateway to ease US sanctions

14/11/2018 - 14:32 Iraq



As Iran's crisis deepens after the new US sanctions package was introduced a few days ago, press reports reveal Tehran's ways to door Baghdad to find a new way out of sanctions that have covered the energy sector and banks.

Reuters quoted two members of the Iraqi Ministerial Energy Committee did not disclose their names, saying that Iraq has already agreed with Iran to exchange Iraqi food products with Iranian gas supplies, so that Tehran finds a bank to produce energy.

Reuters said Baghdad was seeking Washington's approval of an agreement with Iran to exchange food and gas, citing exporters.

"Baghdad is now seeking US approval to allow it to import Iranian gas used in power plants in the country, as they need more time to find an alternative source," the officials said.

Washington gave Iraq an exemption from importing Iranian gas and energy supplies and food products when US sanctions on Iran's oil sector resumed last week, but the United States says the exemption is only 45 days.

Tehran has gone to great lengths to circumvent and circumvent the second package of US sanctions, as Iranian politicians try to use Iraq as a gateway to ease the sanctions and save their economy from collapse.

The Iranians are using their influence on some Iraqi blocs and politicians to pass their plans, and escape the specter of sanctions.

Tehran is seeking to push Iraq to demand an agreement that allows it to export gas to Baghdad for food, which could make it exploit this by further circumventing sanctions to save its faltering economy and currency, which lost about 70 percent of its value this year.

Iran has experience in circumventing international sanctions, according to the site "The Atlantic" US, having already circumvented through a series of tricks to stop the system of tracking oil tankers, in order to hide the direction to go.

Iran has also used "fake" companies and registered its oil tankers in other countries to avoid international scrutiny while maintaining its operations.

Iran may sell its oil through barter contracts or use a non-dollar currency.

According to The Atlantic, Iran has already traded oil with goods such as cars and telephones with China, and sold crude oil to India in rupee.

In some cases, Iran has exploited countries where the central authority is weak to launder money and return it to the country, as was the case with Babak Zanjani, who won billions for the Iranian regime. He was sentenced to death in 2013 for embezzling $ 2.8 billion in informal oil deals to circumvent international sanctions. Imposed on Tehran.

http://www.basnews.com/index.php/ar/news/iraq/480183
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