According to rahnam news agency, the Washington Free Beacon news site announced the possibility of the US government agreeing today to Iran’s access to 10 billion dollars of its financial resources in Iraq, based on Iran’s multi-billion dollar exemption from sanctions that was first issued in July. It will expire tomorrow and will be renewed.
According to this report, the Biden administration allows Iraq to transfer money from Iran’s electricity exports to bank accounts belonging to Iran in Europe and Oman.
Reports indicate that at the end of last month, the Governor General of the Central Bank of Iran discussed with his Omani counterpart about accelerating Iran’s access to these funds. The Biden administration says that like the $6 billion held in Qatar, Iran can only use $10 billion of its assets in Iraq for non-sanctions purposes.
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