US renews waiver letting Iraq pay Iran for electricity ...Kuwait

News by : (The New Arab) -
The United States has issued a new 120-day waiver allowing Iraq to pay Iran for electricity, US officials said on Tuesday, stressing Tehran could only use the funds for humanitarian trade and seeking to blunt criticism of giving Iran the money. US officials said the waiver was identical to one in July that for the first time allowed Iraq not only to make payments into restricted Iranian accounts in Iraq but also for the funds to be sent to similarly restricted accounts in third countries. Speaking to reporters on condition of anonymity, officials stressed the moneys could only be used for "non-sanctionable transactions" such as buying humanitarian goods like food and a

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