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Sunday, August 19, 2012 14:22
Reuters: Iran will help Iraq to evade economic sanctions
Translation / Baghdadiya News / .. Reuters reported, quoting the New York Times in its report that Iraq will help Iran circumvent the economic sanctions imposed on it due to its nuclear program, through the use of a network of financial institutions and the smuggling of oil which guarantees to Tehran, the flow of hard currency, benefiting some Iraqi officials.
In some cases some of the turns a blind eye to Iraqi officials, trade with Iran, while others benefit from these activities.
The newspaper pointed out that "President Barack Obama had pointed to this problem when it was to prevent a small bank called Bank Corporation. Muslim from any dealings with the U.S. banking system at the same time in which the President that the bank is the conduct of transactions worth millions of dollars with Iranian banks that are subject to sanctions ".
Experts said bankers Iraqis that "the bank is still involved in the daily auction of Central Bank of Iraq, which could be of commercial banks that sell Iraqi currency and buy the dollar. Officials said, U.S. Department of Obana did not intervene to confront openly with the Iraqi government, but they held secret talks with Iraqi officials have complained to them several cases of financial and logistical links Iraqi and Iranian. "
A member of parliament Ali Alsjeri "We want to question the central bank and banks involved in this process" and expressed concern that the huge dollar remittances threaten the Iraqi economy through depletion of its reserves of hard currency. "Ended
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Reuters: Iran will help Iraq to evade economic sanctions
Translation / Baghdadiya News / .. Reuters reported, quoting the New York Times in its report that Iraq will help Iran circumvent the economic sanctions imposed on it due to its nuclear program, through the use of a network of financial institutions and the smuggling of oil which guarantees to Tehran, the flow of hard currency, benefiting some Iraqi officials.
In some cases some of the turns a blind eye to Iraqi officials, trade with Iran, while others benefit from these activities.
The newspaper pointed out that "President Barack Obama had pointed to this problem when it was to prevent a small bank called Bank Corporation. Muslim from any dealings with the U.S. banking system at the same time in which the President that the bank is the conduct of transactions worth millions of dollars with Iranian banks that are subject to sanctions ".
Experts said bankers Iraqis that "the bank is still involved in the daily auction of Central Bank of Iraq, which could be of commercial banks that sell Iraqi currency and buy the dollar. Officials said, U.S. Department of Obana did not intervene to confront openly with the Iraqi government, but they held secret talks with Iraqi officials have complained to them several cases of financial and logistical links Iraqi and Iranian. "
A member of parliament Ali Alsjeri "We want to question the central bank and banks involved in this process" and expressed concern that the huge dollar remittances threaten the Iraqi economy through depletion of its reserves of hard currency. "Ended
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