A new US sanctions campaign against Iran could have a direct impact on Iraq and may carry heavier economic costs for Baghdad if it does not comply, Iraqi lawmaker Jamal Kocher told Iran International on Tuesday.
Kocher, a member of parliament's finance committee, said Iraq could face economic consequences greater than those faced by Iran if Baghdad did not abide by US sanctions.
"Iranian society has faced conditions caused by sanctions for years, while Iraqi society does not have the same readiness to withstand such pressure," Kocher said.
He said Iraq's market depended heavily on Iran and Turkey and that new sanctions could affect trade and imports of Iranian gas in particular.
Kocher said Iraq, despite close political ties with Tehran, remained dependent on a US-influenced financial system for areas including oil revenues, gold imports and banking transactions.
He said that if countries including Russia, China and Pakistan could not break the US sanctions on Iran, Iraq would have little choice but to comply or risk facing broader sanctions itself.
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