Baghdad: Agencies
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, and US Assistant Secretary of the Treasury, Elizabeth Rosenberg, discussed bilateral relations and discussed the measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing.
 
The bank stated - in a statement reported by the Iraqi News Agency (INA) - that it emphasized the continued support provided by the US Treasury and joint efforts to enhance transparency, integrity, and implement international compliance instructions in the Iraqi banking system.
 
The statement added that 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 currencies. Different ones, including (Euro, Chinese Yuan, and UAE Dirham). According to what was reported by the Middle East News Agency today
 
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.