You are here: Home » Reuters » News
Business Standard

U.S. grants Iraq 45-day waiver over Iran sanctions to import gas, electricity - U.S. Embassy

Reuters  |  BAGHDAD 

(Reuters) - can continue to import and from for a period of 45 days, the has said, several days after reimposing sanctions on Tehran's

"The has given a temporary relief from the sanctions for 45 days to continue purchasing and from Iran," the U.S. Embassy in said in a video published on its official page on Thursday.

"This relief gives Iraq time to start taking steps towards energy independence," the video said.

officials said in August that the country's economy is so closely linked to that would ask for exemptions from some of the sanctions.

The current temporary waiver is conditional on Iraq not paying for imports in U.S. dollars.

Sanctions, which had been lifted under a 2015 nuclear deal negotiated by and five other world powers, were reimposed on Nov 5.

They cover 50 Iranian banks and subsidiaries and more than 200 persons and vessels in its shipping sector, as well as targeting Tehran's national airline, Iran Air, and more than 65 of its aircraft.

(Reporting by Raya Jalabi; Editing by Kirsten Donovan)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sat, November 10 2018. 14:58 IST
RECOMMENDED FOR YOU