Iranian official: Iraqi sources informed us that America has lifted the embargo on our frozen assets

Time: 03/05/2021 17:47:41 Read: 1,911 times

(Baghdad: Al Furat News) An Iranian official said that Iraqi sources – he did not name them – informed him of America’s lifting of its ban on Iranian financial assets frozen in Iraq.

Hamid Hosseini, a member of the Joint Chamber of Commerce between Iran and Iraq, said in a tweet on Twitter: “Reliable sources in Iraq have informed us of the approval of the United States to lift the ban on Iran’s assets frozen at the Iraqi Commercial Bank.”

“This measure will be helpful to Iran, and we are on the eve of the (Iranian) New Year and the blessed month of Ramadan,” he added.

The Governor of the Central Bank of Iran, Abdel Nasser Hemmati, announced on October 14 that the volume of frozen Iranian assets in Iraqi banks amounted to five billion dollars.

“The situation is changing and complicated, and we are trying to make it stable,” he said. “There are tens of billions of dollars of our assets frozen in foreign banks. Even countries that have good relations with Iran, such as Iraq, cannot cooperate with us due to American pressure.”

Ammar Al-Masoudi

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