US extends Iraq waivers but intensifies Iran sanctions as COVID-19 breaks records

Young journalists club

News ID: 45573
Asia » Asia
Publish Date: 8:13 - 28 March 2020
Tehran 28 March_The US has once again extended a waiver allowing Iraq to import Iranian electricity and natural gas, but at the same time intensified its sanctions against Iran despite the coronavirus pandemic which is infecting more and more Iranians.

US extends Iraq waivers but intensifies Iran sanctions as COVID-19 breaks recordsTEHRAN, Young Journalists Club(YJC)_Morgan Ortagus, a US State Department spokeswoman, said in a statement on Thursday that “Iraq is permitted to engage in financial transactions related to the import of electricity from Iran” under a US-issued sanctions waiver.

"The purpose of this waiver, which the United States is renewing today, is to meet the immediate energy needs of the Iraqi people,” she added.

The extension is for 30 days, the shortest extension yet for Iraq, and will be the last extension issued, according to AFP.

The US, at the same time, imposed new sanctions against 20 entities based in Iran and Iraq, which she claimed were funneling money to Iran's Quds Force.

Ortagus claimed that these entities were exploiting Iraq's dependence on Iran as an electricity source.

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