Iran has secured a trade agreement with Iraq that will enable it to access funds trapped in Baghdad because of U.S. sanctions, the state-run Islamic Republic News Agency reported.
Abdolnaser Hemmati, head of the Central Bank of Iran, visited Baghdad on Monday to finalize the deal, which allows Iran to use accumulated payments from energy exports to buy essential goods from Iraq, IRNA reported, quoting Hemmati. He didn’t give any figures or a time frame for the agreement.
