Wednesday, January 31, 2024

The US Treasury requests Iraqi cooperation to limit funding for armed factions,31 JAN

The US Treasury requests Iraqi cooperation to limit funding for armed factions

 Shafaq News/ The US Treasury Department suggested, on Wednesday, that it would obtain assistance from the Iraqi government in identifying and disrupting the financing of Iranian-backed armed groups in the country, especially after the killing of three American soldiers, as a result of a drone attack launched by an Iraqi faction.

In news translated by Shafaq News Agency, Reuters quoted a Treasury Ministry official as saying, “The Iraqi government must share information about such groups, especially after the killing of American soldiers in a drone strike.”

He added, “We are now in a situation where there has been a loss of American lives in Jordan.”

The official added, “These, as a whole, are groups that use and abuse Iraq and its financial systems and structure in order to perpetuate these actions,” adding, “We must address this directly.”

He continued: “It is clear that our expectations at the Treasury Department are that there is more that we can do together to exchange information and determine how these militias operate in Iraq.”

The official noted, “In just 12 to 13 months, we in the Treasury Department have witnessed a tremendous amount of Iraqi progress in the areas of preventing the dollar from reaching armed groups loyal to Iran.”

He added, “We are not trying to achieve perfection. This is a difficult area, and Iran is very good at this in particular,” stressing his confidence in “successfully making Iraq meet international standards for money laundering and terrorist financing, and this will lead to the removal of a large amount of unsupported financial capacity.” legitimacy of this system.

shafaq.com

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