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 Iraq completes 45-day deadline without clear position on US sanctions DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Iraq completes 45-day deadline without clear position on US sanctions

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 Iraq completes 45-day deadline without clear position on US sanctions Empty Iraq completes 45-day deadline without clear position on US sanctions

Post by claud39 on Mon Dec 17, 2018 7:10 am


 Iraq completes 45-day deadline without clear position on US sanctions

 Iraq completes 45-day deadline without clear position on US sanctions 11912

Economy News Baghdad

The US deadline for Iraq to stop dealing with Iran under US sanctions on Tehran expires on Thursday, and as Iran presses the Baghdad government to stand by it, the United States is also pressing the government to abide by sanctions.
The government itself is facing a deep crisis in the completion of its incomplete team of eight ministries after the collapse of the fragile coalition between the two largest blocs in parliament, "reform and reconstruction" loyal to Muqtada al-Sadr, and "construction" loyal to Hadi al-Ameri.
The Iraqi government came after an urgent political alliance headed by Adel Abdul Mahdi, the independent political figure. The alliance soon broke up when the talks reached the blocs to name the ministers of interior and defense.
The main problem lies in the close political and economic relations between Iraq and Iran. The volume of trade exchange between the two countries reached 12 billion dollars annually. Iran also has great security and political influence in the country through the Shiite factions and its parliamentary bloc in the parliament, which has become one of the important deputies of parliament.
The main problem associated with Iran and the provocation of the United States is the electricity crisis in Iraq, as the Ministry of Electricity announced that about one third of the production of energy depends directly on Iran, while the United States is pressing the Iraqi government to find alternatives to Iran to resolve the energy crisis and offered " Several projects to achieve this, but it is not so easy.
Iraq produces about 16 thousand megawatts of energy, while the actual need to provide electricity throughout the day and all parts of the country about 26 thousand megawatts, and this difference remains, as the more energy production, the increased demand, as an Iraqi government official ."About 30 percent of Iraq's energy production depends on Iranian gas. The United States asks us to give up Iranian gas without realizing the magnitude of the crisis it may entail," the official told Niqash.
"Iraq relies on Iranian gas to operate power plants to produce about 4,000 megawatts. It depends on the import of direct electricity from Iran to provide about 1,500 megawatts, which represents about one-third of Iraq's energy production," the official said.
The electricity crisis in Iraq is one of the most important economic problems experienced by the country after 2003, as successive governments failed to solve the problem, and even today Iraqis get an average of eight hours a day of energy, while relying on regional generators owned by small traders to compensate for the shortage After payment of additional funds.
The coalition of "building", a large coalition includes the blocks of "conquest" led by Hadi al-Amiri, and "the rule of law" led by Nuri al-Maliki, and other Sunni parties, a coalition known for its proximity to Iran, rejects Iraq's commitment to sanctions on Iran.
"There are strong relations between the two countries and there is trade and economic exchange in terms of foodstuffs or agriculture, not to mention the exchange of gas, electricity and oil," Mansour al-Baiji, a member of the Al-Binai alliance, said. For American wishes. "
It seems that Prime Minister Adel Abdul Mahdi supports this trend, and announced last Tuesday in his weekly press conference that "Iraq is not part of the US sanctions," and announced the dispatch of a delegation to the United States to discuss exempt Iraq from compliance with these sanctions.
The US side seems to insist on its position on Iraq's need for sanctions. Hours after Abdul-Mahdi's remarks, US Energy Secretary Rick Perry said in Baghdad during a surprise visit to Iraq that he met senior Iraqi officials. "I told the Iraqis that the sanctions are real and that it is now. Iraq breaks its dependence on countries seeking to dominate and dominate, "in a clear reference to Iran.
No one knows what will happen next week after the US deadline for Iraq. Iran hints at creating chaos if Iraq complies with sanctions, while the United States looms over Iraq if Iraq stands by Iran.
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