Iranian authorities have gained access to approximately $2.7 billion in assets previously blocked in Iraqi banks. This was revealed to the agency by Yahya al-Ishaq, head of the Iran-Iraq joint Chamber of Commerce. Tasnim News Agency.
Some of the frozen Iranian assets in Iraq have been allocated to provide the funds needed by Iranian pilgrims, while the other part is used for basic food, the official said.
The head of the Iran-Iraq joint Chamber of Commerce noted that the Iraqi government’s permission to pay some of Iran’s outstanding contributions will definitely have a positive impact on the markets as the requirements of the Central Bank of Iran (CBI) are met. Basic goods needed in the country were purchased using assets.
Previously reportedRussia will allocate 1.3 billion euros for the construction of the Rasht-Astara railway section in Iran.
Source: Gazeta
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