The Baghdad Post

Iraq calls for extended U.S. waiver to buy electricity from Iran for three years

The Iraqi parliament Speaker has called on the United States to extend a waiver to allow it buy electricity from Iran for at least three years, until it becomes able to manage its own.

“Hopefully, this waiver will be extended until Iraq can stand on its feet economically,” Speaker Mohamed al-Halbousi said on Friday at the U.S. Institute of Peace in Washington. “After these three years, maybe we can see Iraq as economically independent, and we won’t need to import power or electricity from a foreign country. Maybe we can address this issue after three years.”

In remarks later to reporters, Halbousi warned Washington against the negative effect of any hasty, uncalculated step to adopt policies and procedures against countries in this region.

Earlier this month, the US extended a waiver to allow Iraq to continue to buy electricity from Iran, despite sanctions imposed by Washington targeting Tehran’s energy sector. Source