Iraq’s foreign minister said that Iraq will discuss with the United States how to pay Russian energy companies – #Iraqs #foreign #minister #Iraq #discuss #United #States #pay #Russian #energy #companies
BAGHDAD, Feb 6 (Reuters) – Iraq this week, despite sanctions with Washington, Russia will discuss how to pay debts to oil companies, the foreign minister said on Monday Fuad Hussein said.
“We will discuss this problem with the American side. There are sanctions that should not be imposed on the Iraqi side because Russia cooperation with companies continues, and there are active Russian companies in Iraq”, – Hussein said during the press conference. Russian Foreign Minister Sergey Lavrov is on a visit to Baghdad.
Russian investments in Iraq 10 billion is believed to be more than $, mainly in the oil industry. Huessin said that one of the main issues they discussed with Lavrov was how to pay debts to Russian energy companies such as Lukoil and Gazprom, which operate in Iraq despite Russia being under international sanctions.
The goal is to “protect Iraqi banks and central banks from sanctions.”
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Official sources said that the Iraqi foreign minister on Wednesday announced the New York Federal Reserve’s decision to ban Iraqi commercial banks from international banks. dollars on Wednesday to discuss the tough rules it imposed on its operations and their impact on the Iraqi economy USAwill go to read more
The West, which used to be Russia’s main energy market, of Ukraine in response to its invasion, it has targeted Moscow’s energy revenues with sanctions limiting sales to third countries and is preparing to tighten it even more.
Hussein During a joint press conference with Lavrov, he said that Iraq is peaceful way calls for solutions and to end the war Russia with Ukraine encourages dialogue between
Reporting by Ahmed Rashid in Baghdad and Amina Ismail in Erbil Editing by Peter Graff
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2023-02-06 15:51:50
Source – reuters
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