• Wed / 6 February 2019 / 12:18
  • Category: Economy
  • News Code: 97111709511
  • Journalist : 71477

Iran, Iraq discuss settlement of Baghdad’s debts to Tehran over gas, electricity imports

مذاکرات ایران و عراق

Tehran (ISNA) - Governor of Iran’s Central Bank, Abdolnaser Hemmati hold preliminary banking negotiations with his Iraqi counterpart.

Abdolnaser Hemmati arrived in Baghdad on Tuesday to hold banking negotiations, and was welcomed by governor of Iraq’s Central Bank, Ali Mohsen Al-Allaq.

During the meeting, governors of the central banks of Iran and Iraq signed an agreement on a payment mechanism which is to facilitate the settlement of Baghdad’s debts to Tehran.

The deal mainly focuses on a payment channel that is to facilitate the settlement of the Arab country’s debts to Tehran over gas and electricity imports, among others.

The two sides inked the agreement following negotiations between members of their delegations.

During the two-day negotiations, Hemmati will hold meetings with Iraq’s high-ranking political and economic officials.

Upon his arrival, Hemmati had said that the trip was aimed at removing the obstacles that hinder the settlement of Iraq’s debts to Iran over gas and electricity imports as well as holding talks with Iraqi high-ranking political and economic officials in order to develop economic relations between Baghdad and Tehran.

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Translated and edited by Sepideh Hashemi

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