Iraq not to be part of anti-Iran sanctions' system: Iraqi PM

Iraqi Prime Minister Adil Abdul-Mahdi said on Tuesday that his country will not be part of the system of the US anti-Iran sanctions.

Abdul-Mahdi made the remarks in a meeting held in Baghdad on Monday evening with the visiting Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati.

When the US President Donald Trump reinstated nuclear sanctions on Tehran on November 5, 2018, and imposed as he claimed the “highest level” of economic restrictions on the Islamic Republic of Iran, he exempted some countries from bans on importing Iran's oil; meanwhile, Trump has recently announced that he is not to grant any more exemption.

In the meeting in Baghdad, Hemmati and Abdul-Mahdi held talks on the latest situation of bilateral cooperation in all areas, particularly in the banking and financial fields.

The two sides also discussed ways to accelerate banking relations in order to remove obstacles to trade exchanges.

Iran's Hemmati, in the meeting, expressed hope that conditions would be prepared for further bilateral economic cooperation and the banking relations in particular.

CBI governor at the head of a delegation arrived in the Iraqi capital on Monday (April 22) afternoon. 

Soon after arrival, the Iranian delegation held hours of talks with their Iraqi counterparts on financial mechanism for bilateral cooperation.

Negotiations led to signing an agreement on payment mechanism between Iran and Iraq. 

Meeting with the Iraqi president is on agenda of Hemmati's two-day visit to Baghdad.

News Code 190210

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