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


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

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Who Is Abolqasem Salavati Iran Regime’s Killer Judge?

Last week, it was announced that the case of several people who were arrested during the Iranian People's uprising...

Iran Revolution Characteristics

More than two months have passed since the start of the latest round of protests in Iran against the...

Iran’s Regime Is Unable To Eradicate Protests

Totalitarian governments, whether be it a monarchy or a clerical regime, and their international supporters are pursuing the same...

Must read

Iran scuppers US deal for key troops in Iraq

Daily Telegraph: Iran is successfully blocking US efforts to...

Taliban claim weapons supplied by Iran

Daily Telegraph: A Taliban commander has credited Iranian-supplied weapons...

You might also likeRELATED
Recommended to you