GOI: We will ask the United States sanctions, Iraq is excluded from Iran

Posted: February 4, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines

the Iraqi government announced on Friday it would ask its counterpart U.S. Iraq is excluded from sanctions Iran as it did with Japan, as shown that the American decision to allow nations to certain exemption from the sanctions, confirmed that Iraq will be affected by the application of the ban.

spokesman Ali al-Dabbagh said in an interview for “Alsumaria News”, “Iraq’s imports from Iran, large amounts of electricity and oil derivatives, in addition to Iranian goods that cover the market, where the volume of trade exchange between the two countries up to 10 billion dinars,” noting that “Iraq would ask the United States during the coming period, excluded from sanctions Iran as it did with Japan. “

Dabbagh said that the “presidential decision the U.S. issued by President Barak Obama, would allow nations to certain exemption from the application of these sanctions because of their own circumstances,” likely to “ask countries in the region excluded from the sanctions. ” Al-Dabbagh that “the Iraqi government take into account national interests and the interests of the Iraqi market and trade,” pointing out that “Iraq will find great difficulty in any case, if applied this ban.”

Iran faces international sanctions restricting purchases of weapons, began years ago, an extensive program of arms and the development of its forces and especially missile capabilities and the navy. stressed the United States and the European Union and a number of sanctions on Iran, which was released in the January 23 last, a package of new sanctions include a ban on its oil sector, and the freezing of assets of the Central Bank of Iran and the prohibition of all forms of trade in gold and other precious metals with the bank and other government agencies in a new move to intensify pressure on it over its nuclear program. President Barack Obama signed on 31 December 2011, a law toughening penalties for the financial sector of Iran to pressure Tehran to give up its nuclear program, and the law provides for the freezing of assets of any financial institutions that deal with Iran’s central in the oil sector, which led to a decline in the value of Iranian rial to come down its value to 18 thousand to the dollar.

It is noteworthy that the international community have accused Tehran of using its civilian nuclear program declared to conceal a plan to develop nuclear weapons pose a serious threat to the security of the region while still remaining United Nations imposed sanctions on Tehran over this file and for not allowing international inspectors to visit centers of reactors to determine their nature, and while Iran has repeatedly denied seeking to acquire nuclear weapons, asserting that the aim of its nuclear program is civilian exchange, approved the production of over 4,500 kilograms of enriched uranium since 2007, an amount sufficient to produce four nuclear weapons, according to estimates by experts.

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