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Economy· August 17, 2026 at 01:01 p.m.

Iran and Iraq Take Steps to Remove Banking Barriers

Iran and Iraq Take Steps to Remove Banking Barriers

Key takeaways

  • Iran and Iraq plan to remove banking barriers
  • Move intended to facilitate trade and economic cooperation
  • Decision comes amidst ongoing US sanctions against Iran

Iran and Iraq have announced plans to remove banking barriers between the two countries, according to a report by Iranian news outlet تسنیم. The move is intended to facilitate trade and economic cooperation between the neighboring nations. The details of the agreement are yet to be disclosed.

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