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US warns Iraq over foreign exchange transaction with Tehran

US warns Iraq over foreign exchange transaction with Tehran
posted onMay 24, 2019
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The United States Department of the Treasury has reportedly warned Iraq over its foreign exchange transaction with Iran and violations of US sanctions, a confidential source from Baghdad told Avatoday on Friday.

According to the source, a number of Iraqi officials have been violating US sanctions by selling and transferring currency to the neighboring Iran.

The US officials have reportedly insisted that if Iraq continues to illegally transfer money to Iran, it will be the subject of Washington’s sanctions.