Latest topics
Iraq announces close to an agreement with the United States to obtain financial exemptions for sanctions on Iran
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Iraq announces close to an agreement with the United States to obtain financial exemptions for sanctions on Iran
http://economy-news.net/content.php?id=14715
Iraq announces close to an agreement with the United States to obtain financial exemptions for sanctions on Iran
12/13/2018
Iraq announces close to an agreement with the United States to obtain financial exemptions for sanctions on Iran
12/13/2018
Economy News _ Baghdad
The central bank announced Thursday that it was close to concluding an agreement with the United States to obtain financial exemptions for sanctions against Iran.
"For the central bank, it has a situation of adjustment to the sanctions. The dollar deal with Iran has been stalled since 2012, and in practice," the central bank governor Ali al-Alak said in an interview with the Economist News, Such transfers can not be made, since any payments in this currency will go through the US financial system and will stop, so Iraq would have to pay in other currencies. "
"With the expansion of the embargo and the reservations of countries, options are limited even in settlement of payments in currencies other than the dollar, while at the same time there are necessary things linking Iraq to Iran, including gas and electricity."
He revealed that there was "an understanding with the American side in an attempt to arrange this matter or to get some exceptions and the talks have reached an advanced stage and this matter may be decided soon, and probably within days."
The Central Bank has directed banks and exchange companies not to sell the dollar to those wishing to visit Iran, while the President of the Iranian Chamber of Commerce announced the abolition of the dollar in trade with Iraq.
"For the central bank, it has a situation of adjustment to the sanctions. The dollar deal with Iran has been stalled since 2012, and in practice," the central bank governor Ali al-Alak said in an interview with the Economist News, Such transfers can not be made, since any payments in this currency will go through the US financial system and will stop, so Iraq would have to pay in other currencies. "
"With the expansion of the embargo and the reservations of countries, options are limited even in settlement of payments in currencies other than the dollar, while at the same time there are necessary things linking Iraq to Iran, including gas and electricity."
He revealed that there was "an understanding with the American side in an attempt to arrange this matter or to get some exceptions and the talks have reached an advanced stage and this matter may be decided soon, and probably within days."
The Central Bank has directed banks and exchange companies not to sell the dollar to those wishing to visit Iran, while the President of the Iranian Chamber of Commerce announced the abolition of the dollar in trade with Iraq.
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej