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.


GCC countries pledge $10 million for school text books in Yemen

Updated 9 min 21 sec ago
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GCC countries pledge $10 million for school text books in Yemen

Gulf Cooperation Council countries have pledged $10 million to help fund the printing of textbooks in Yemen, Saudi state TV channel Al-Ekhbariya reported.

The pledge came in response to the deterioration of the educational process in Yemen.

The King Salman Humanitarian Aid and Relief Centre launched an educational campaign two months ago to support the Yemeni government, and to stand with the Yemeni people in their ordeal.