Iraq sending team to US to seek deal on transactions with Iran

Prime Minister Haider Al-Abadi said Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran. (File photo / AFP)
Updated 28 August 2018
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Iraq sending team to US to seek deal on transactions with Iran

BAGHDAD: Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington’s reimposition of sanctions on Tehran, Prime Minister Haider Al-Abadi said on Tuesday.
His statement was the first by an Iraqi official since Reuters reported last week Baghdad was going to ask Washington for exemptions from some of the sanctions because Iraq’s economy is closely linked with neighboring Iran.
“We are not with economic sanctions against any country and that is our strategic position,” state television quoted Abadi as saying at a weekly news conference.
US President Donald Trump withdrew the United States in May from world powers’ 2015 nuclear deal with Iran, calling it flawed, and reimposed trade sanctions on the Islamic Republic.
The Trump administration has warned of consequences for countries that do not respect the sanctions. Baghdad is in a difficult position — its two biggest allies are the United States and Iran, themselves arch-adversaries.
Iraqi government and central bank officials said the delegation will travel to Washington to ask for exemptions in applying the sanctions. They did not say when that trip would take place.


Iran launches air maneuvers near Strait of Hormuz

Updated 21 September 2018
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Iran launches air maneuvers near Strait of Hormuz

  • The drill involves the military’s and Revolutionary Guard fighter jets

TEHRAN, Iran: Iran’s official IRNA news agency says the country’s air force is carrying out a drill near the strategic Strait of Hormuz in the Arabian Gulf, the passageway for nearly a third of all oil traded by sea.
Friday’s report says the drill involves the military’s and Revolutionary Guard fighter jets, including US-made F-4, French Mirage and Russian Sukhoi-22 planes. Five logistics and combat helicopters are also taking part in the exercise over the Arabian Gulf waters and the Sea of Oman.
It says the maneuver is a warning to Iran’s enemies that they face a quick, “stern response” in case of force toward Iran.
The exercise is part of annual manifestations on the anniversary of the start of the eight-year war Iraqi dictator Saddam Hussein launched against Iran in 1980.