Exclusive-US issues new 120-day waiver letting Iraq pay Iran for electricity


  • World
  • Wednesday, 19 Jul 2023

Power poles and power lines are pictured in Basra, Iraq August 20, 2021. REUTERS/Essam al-Sudani

WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Tuesday signed a new national security waiver letting Iraq pay Iran for electricity that for the first time allows such payments to go to accounts at non-Iraqi banks, a U.S. official told Reuters.

The official, who spoke on condition of anonymity, said the U.S. hoped the 120-day national security waiver would help stop Iran pressuring Iraq for access to the money, which previously could only be deposited into restricted accounts in Iraq.

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