Tehran (IP)- An Iranian trade official said Friday that the US agreed on the partial transfer of Iran's funds that have been frozen in Iraq due to the country's sanctions.

Iran PressIran News: Hamid Hosseini, the board member of the Iran-Iraq Joint Chamber of Commerce, said Washington has approved the release of some frozen Iranian assets at the Trade Bank of Iraq.

During the visit of the Iraqi Foreign Minister to Washington, the United States granted another sanction waiver and allowed the payment of 500 million dollars from Iraq's electricity debt to Iran, according to Hosseini.

US sanctions have prevented Iran from accessing tens of billions of its assets in foreign banks.


Read more:

Iran, Iraq to finalise long-term cooperation document