MENA:
Tensions within Iraq's political landscape have intensified following leaks from government sources, including the Ministry of Foreign Affairs, regarding potential US sanctions. These anticipated measures are expected to target financial institutions, investment companies, banks, and individuals or groups accused by the United States of connections to Iran, sanctions evasion, or human rights violations.
Three Iraqi political and government officials informed Al-Araby Al-Jadeed, The New Arab's Arabic-language sister website, about recent developments. According to these officials, US representatives visiting Baghdad recently indicated that the new sanctions would target individuals and groups engaged in money laundering and financial activities benefiting Iranian or Iran-aligned actors in the region.
Over the past seven years, the United States has imposed sanctions on Iraq on multiple occasions, particularly since 2018. Officials observe that the newly discussed sanctions coincide with a sensitive period, as Iraq forms a government and faces increasing pressure from Washington to limit Iranian influence and control armed groups.
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