Wednesday, September 13, 2023
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
CONCERNING THE DOLLAR. AMERICA CONTINUES TO BLACKMAIL AND CENTRAL PROCEDURES ARE AIR IN A NET!, 13 SEPT
CONCERNING THE DOLLAR. AMERICA CONTINUES TO BLACKMAIL AND CENTRAL PROCEDURES ARE AIR IN A NET!
Iraqi Foreign Minister: We reject the threat to our country's sovereignty, 13 SEPT
Iraqi Foreign Minister: We reject the threat to our country's sovereignty
Iraqi Foreign Minister, Fouad Hussein, said that his country rejects the use of its territory to attack Iran, but it also rejects “threatening Iraqi sovereignty.”
This came during a joint press conference held by Hussein, yesterday, Tuesday, with his Austrian counterpart, Alexander Schallenberg, according to the official Iraqi News Agency (INA).
Hussein said, "The Iraqi constitution prohibits any party from using Iraqi lands to attack neighboring countries."
He added, "Iraq's relations with Iran are strong, and this relationship prevents the use of violence," noting that "Iraq refuses to use its territory to attack Iran by some groups (armed groups), and we also reject the threat to Iraqi sovereignty."
He pointed out that "Iraq is committed to the agreement concluded with the Iranian side, which included removing armed groups from the border and transferring them to camps deep in the region (Kurdistan) and far from the border."
He pointed out that he will visit Iran today, Wednesday, to "discuss the implementation of this agreement by both sides."
On the other hand, the Iraqi minister discussed with his Austrian counterpart a number of files, most notably the political relations between the two countries, as well as the work of Austrian companies in Iraq and the return of flights to Austrian Airlines.
On Monday, the Austrian Foreign Minister arrived in Baghdad on an official visit that lasted two days, during which he announced the reopening of his country’s embassy in Iraq, more than 30 years after its closure.
Vienna closed its embassy in Baghdad in 1991 following the Gulf War (1990-1991), and since that time the Austrian embassy in Jordan has performed the duties of the embassy in Baghdad. link
Coffee with MarkZ 09/13/2023
"RV UPDATE" BY MARKZ, 13 SEPT
MarkZ
[via PDk]
My banking contacts believe it will be in the next day or two. My Iraqi sources say between now and the 20th. We do not know the timing but the indicators look absolutely stunning for this timing of the next 8 days…with the emphasis on the next day or two being highly possible. Get excited, stay excited and know what you are going to do.
People are there in Iraq to make things happen. This is main stream news on the streets of Iraq. What a news day today.
They are expecting news tomorrow from rate, timing etc…in Iraq…is what I am being told by Iraqi sources…Things are getting super exciting. We do know that some of the last representatives needed are expected to be in place today and tomorrow…It is close...
Question: "Why does the US have any say in Iraq’s revaluation?"
MarkZ: Because of the Iraqi war and the rebuild Iraq money and part of the surrender agreement with Sadaam Hussein when they pulled out of Kuwait.
That is it in a nutshell…so the US can recoup the cost of the war.
Question: "Will the US get in the way of the RV again?" I can tell you they are caving and cannot get in the way now.
We have been seeing all kinds of bank rates on currency calculators. My bankers believe they are priming the pump for the system and punching in different values to test things. I really think this may be the last week we have to deal with all of this.
My Iraqi contacts believe it will be here from yesterday up through the 20th…tops. Most of my sources over here believe this is it!!! Don’t be upset if it’s not quite that quick as there are a lot of moving pieces behind the curtain...
...We are so close…coming right from Sudani...it is time to address the exchange rate…BAM.
They have been in many meetings…we have had people here from Iraq for the last few weeks. Folks from our Us Fed Reserve and Treasury have been over there.
I totally agree that it is done…. We are just waiting for some reason. Waiting for when that trigger is flipped.
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