The US Treasury discusses with the Iraqi Central Bank foreign trade in three foreign currencies other than the dollar
Shafaq News / The Governor of the Central Bank of Iraq announced on Wednesday that he discussed with the US Assistant Secretary of the Treasury combating money laundering, terrorist financing and foreign trade in three foreign currencies other than the dollar.
The bank’s media said in a statement, received by Shafaq News Agency, that the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received, today, Assistant Secretary of the US Treasury Elizabeth Rosenberg and her accompanying delegation, explaining that during the meeting, bilateral relations were discussed and the measures taken by the Central Bank of Iraq were discussed. The field of combating money laundering and terrorist financing, as well as confirming the continued support provided by the US Treasury and joint efforts to enhance transparency, integrity, and applying international compliance instructions in the Iraqi banking system.
According to the statement, the two parties discussed following up on the outcomes and results of previous meetings between the Central Bank of Iraq on the one hand, and the US Treasury Department and the US Federal Bank on the other hand, as well as the possibility of providing technical support in the field of financing foreign trade through reliable banking channels with mechanisms that enable the financing of legitimate foreign trade. In various currencies, including (the euro, the Chinese yuan, and the Emirati dirham), as well as organizing trade with the Republic of Turkey.
According to the statement, the US Treasury Department appreciated the efforts and steps of the Central Bank of Iraq in contracting with international auditing companies to ensure the accuracy and transparency of procedures.
Yesterday, Tuesday, the US Ambassador to Iraq, Alina Romanowski, said in a blog post on the X website, “formerly Twitter,” “I am pleased to welcome the assistance of US Treasury Secretary Elizabeth Rosenberg to Baghdad,” noting that she is looking forward to holding important meetings with government leaders and officials in the Central Bank. “The Iraqi.”
She indicated that “progress in combating international money laundering and banking reform will help combat corruption and support international investment in Iraq.”