President Hassan Rouhani called on Saturday for Iran and neighboring Iraq to exp...
DUBAI - President Hassan Rouhani called on Saturday for Iran and neighboring Iraq to expand their gas and electricity dealings and boost bilateral trade to $20 billion, state TV reported, despite difficulties caused by U.S. sanctions against Tehran.
In March, the United States granted Iraq a 90-day waiver exempting it from sanctions to buy energy from Iran, the latest extension allowing Baghdad to keep purchasing electricity from its neighbor. The railway project was part of deals reached during Rouhani’s March visit to Baghdad, meant to underline that Tehran still plays a dominant role in Iraq despite U.S. efforts to isolate Iran.
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