Iraq to pay for Iran gas imports with oil - PM
13 July 2023; MEMO: Iraq will start paying for its Iranian gas imports with oil, to circumvent the complicated mechanism agreed with Washington in order not to contravene US sanctions, the Prime Minister said on Tuesday, Reuters reports.
According to the report, Iraq cannot directly hand over cash to Iran, but payments must be held in a bank account and be used by Tehran to fund imports of food and medicines.
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