Iraq has agreed to transfer $125 million of frozen Iranian funds to a European bank for the purchase of 16 million COVID-19 vaccine doses, Iranian Energy Minister Reza Ardakanian was quoted as saying by state media on Saturday.
For more coronavirus news, visit our dedicated page.
Iran, the hardest hit Middle Eastern country by COVID-19, has complained that US sanctions were preventing it from making payments to buy vaccines.
Ardakanian said the payments would go towards the purchase of vaccines from the World Health Organization (WHO) - sponsored global COVAX vaccine-sharing plan, state news agency IRNA reported.
There was no immediate confirmation by Iraqi officials of the reported release of Iran’s funds for the purchase of vaccines.
While holding talks with world powers in Vienna to revive its 2015 nuclear accord, Tehran has demanded the release of $20 billion of its oil revenue it says has been frozen in countries such as Iraq, South Korea and China due to US sanctions since 2018.
Iran COVID-19 death toll passes 70,000The COVID-19 death toll in Iran passed 70,000 on Monday, according to health ministry figures, with a record 496 coronavirus deaths in the past 24 ... Coronavirus
Iranian intelligence minister tests positive for COVID-19Iran’s minister of intelligence Mahmoud Alavi has tested positive for COVID-19, the Rouydad24 news website reported on Monday. The 66-year-old is ... Middle East