News On Iran & Its NeighboursIraqIran gives $1 billion in credit to Iraq

Iran gives $1 billion in credit to Iraq

-

AP: Iran has extended $1 billion in credits for reconstruction projects in Iraq, a senior official said Tuesday ahead of an international conference on stabilizing Iraq. Associated Press

By ALI AKBAR DAREINI

Associated Press Writer

TEHRAN, Iran (AP) – Iran has extended $1 billion in credits for reconstruction projects in Iraq, a senior official said Tuesday ahead of an international conference on stabilizing Iraq.

Ali Larijani, Iran’s top nuclear negotiator, said a committee of experts from both countries was discussing possible development projects, including some involving energy, the state-run news agency IRNA reported.

“We are prepared for implementation of economic projects in Iraq. For this purpose, we have allocated $1 billion in credit,” IRNA quoted Larijani as saying.

His comments came two days before Iran joins the United States, European powers and Arab countries at a conference in Egypt to discuss a plan for stabilizing Iraq.

Iran’s decision to participate has raised the possibility of a rare direct encounter between high-level U.S. and Iranian officials.

But Larijani, who spoke in the Iraqi holy Shiite city of Najaf, criticized the United States on Tuesday, accusing its former ambassador to Iraq of meeting with terrorists.

“We have information that the United States is holding talks with terrorists. The U.S. ambassador to Iraq talked to the leaders of these groups several months back,” he said, without providing details.

Zalmay Khalilzad, the former U.S. ambassador to Iraq, has acknowledged that U.S. and Iraqi officials talked to representatives of insurgent groups hoping to draw more Sunni groups away from al-Qaida. Current U.S. Ambassador Ryan Crocker said last month that U.S. authorities will not talk with “terrorists,” apparently distinguishing between al-Qaida in Iraq and Sunni insurgents opposed to the political process.

The U.S. has long accused Iran of providing weapons to insurgents in Iraq, a charge the country denies. Iran, a Shiite Muslim country with close ties to Iraq’s majority Shiite population, says it does not allow fighters to cross into Iraq, but it does not rule out that such people might cross the long border illegally.

Latest news

Veteran War Commander Takes Over Iranian Regime Security Council

Mojtaba Khamenei, the supreme leader of the Iranian regime, appointed Mohsen Rezaei as his representative to the Supreme National...

Fresh Warning Over Continued IRGC Attacks on Commercial Shipping

The Joint Maritime Information Center (JMIC) said that attacks and harassment by Iran's Islamic Revolutionary Guard Corps (IRGC) against...

Iranian Regime Sets New Conditions for Reopening the Strait of Hormuz

While Iranian regime officials announced progress in Iran-Oman negotiations over shipping routes through the Strait of Hormuz on Saturday,...

Retirees in Iran Demand Action on Their Grievances

On Sunday, August 9, retirees and pensioners in several Iranian cities held street protests against dire living conditions, rising...

Prison Guards Raid Ward 7 of Evin Prison, Intensifying Pressure on Prisoners

Reports indicate intensified pressure and repression against political prisoners in prisons across Iran. In the latest incident, Evin Prison...

U.S. Sanctions Cryptocurrency Exchange Network Linked to Iran’s regime

The United States sanctioned a cryptocurrency exchange network in the United Arab Emirates for allegedly assisting the Islamic Revolutionary...

Must read

Major powers to meet after Iran snubs nuclear deal

AFP: Major world powers are to meet in Brussels...

Russian air defence deal with Iran under way – report

Reuters: Russia is currently fulfilling a contract to deliver...

You might also likeRELATED
Recommended to you