The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury, 13 SEPT

 The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received US Assistant Secretary of the Treasury Elizabeth Rosenberg and her accompanying delegation.

During the meeting, they discussed bilateral relations and discussed the measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing, in addition to confirming the continued support provided by the US Treasury and joint efforts to enhance transparency and integrity and implement international compliance instructions in the Iraqi banking system.

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 financing legitimate foreign trade, in various currencies, including ( Euro, Chinese yuan, and UAE dirham), as well as regulating trade with the Republic of Turkey.

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.

Central Bank of Iraq

 Information Office

 September 13, 2023