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
0

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.


Netanyahu says new Israel elections would be ‘irresponsible’

Updated 19 November 2018
0

Netanyahu says new Israel elections would be ‘irresponsible’

  • Netanyahu issued the message on Monday moments before education minister is to announce where stay or leave coalition
  • Netanyahu says he will do whatever is needed to protect the country

JERUSALEM: Israel’s prime minister says it would be “irresponsible” to dissolve the government and call early elections.
Benjamin Netanyahu issued the message on Monday, moments before his education minister, Naftali Bennett, was to announce whether he’s pulling his Jewish Home Party out of the coalition.
If Bennett leaves, it would cause the government to collapse and trigger new elections.
Bennett has threatened to withdraw from the coalition to protest a cease-fire reached by Netanyahu last week with Hamas militants. Netanyahu’s defense minister, Avigdor Lieberman, resigned in protest.
Bennett had demanded the defense portfolio as a condition for remaining in the government. But late Sunday, Netanyahu said he would take the job himself.
Netanyahu says he will do whatever is needed to protect the country, regardless of his coalition partners’ decision.