Baghdad to Washington: The need to find a quick and fair solution to Iranian funds frozen in Iraq

  7/12/2024

Iraq called on the United States to "find a quick and fair solution to the Iranian funds frozen in Iraq."

Foreign Minister Fuad Hussein met in Washington with US Under Secretary of State for Political and Management Affairs John Bass, and during the meeting stressed "the need to find a quick and fair solution to the issue of Iranian funds frozen in Iraq."

Hussein expressed his "concern about the situation in Gaza and the spread of the conflict to southern Lebanon."

He stressed "the importance of supporting the financial and banking sector in Iraq, with a focus on the challenges related to the use of the dollar in financial transactions."

Iranian officials say Iraq owes between $9 billion and $11 billion for gas and electricity from Iran.  LINK