IRAQI AND US BANKS MEET IN WASHINGTON
The presence of adults on the field of international work comes in any case, where conventional economies are not usually not important international attention of the largest economic blocs, and here comes the presence of Iraqi banks and US banks in Washington evidence of the importance of Iraq and its economy for the side The other, who is aware that the size of work in our country is large and can be employed in the financial and executive sector in more than one sector within Iraq. Preparations continue between Iraq represented by the Association of Iraqi private banks and the US States represented by the Institute of Strategic Studies, And an Iraqi-US meeting on October 18 Great cooperation.
The Executive Director of the Association of Private Banks Ali Tariq said: “Iraq has a great international interest that can be noted by the presence of international delegations from various economic blocs important to Baghdad, there is great cooperation between the Association and the US Treasury through continuing meetings to discuss mechanisms to promote the Iraqi financial sector.”
“Strengthening the cooperation between the two sides and raising its levels to mutually beneficial levels will be the most important axes of the US-Iraqi forum in Washington,” he said in an interview with Al-Sabah. “The evolutionary plan of the association aims to raise the efficiency of human resources to international levels that will enable it to deal with The latest technologies witnessed in the international financial sector, as well as urging the banking sector to bring advanced technology that contribute to creating a field of Mali offers the best products and able to deal with the large numbers required by the construction and reconstruction and implementation projects in all cities.
The representative of the US Treasury Department in the Embassy of his country in Baghdad to the development of the Iraqi financial sector needs to be highlighted by the media to realize all those who follow this achievement in the most important economic axis within any country.
” Tariq pointed out that” the forum will discuss the mechanisms of cooperation between the Iraqi banking sector and his American counterpart, which contributes to the development of the joints of domestic banking, especially as the US banks have the capabilities of technology can provide advanced bridges of cooperation to achieve great benefit to both sides of the process. “He pointed out that” The Iraqi delegation will be formed by Iraqi banks to meet with the US Treasury and major banks and the Foreign Ministry there and representatives of the World Bank and the International Monetary Fund . Bridges cooperation and that “the forum includes two aspects first view and clarify the current reality of the banking sector of the American side to be a picture of the reality of all details of how the future prospects and prospects of our financial reality, the other side includes the opening of bridges of cooperation directly with US banks and this gives greater confidence to our banking sector globally because American banks have a high degree of compliance with the operations of combating money laundering and financing of terrorism and laws, “and contribute to encourage investment in Iraq and within the banking sector itself.” He stressed that “the Association aims to open prospects for cooperation in the field of capacity-building and development of the system Iraqi banking in general to reach the level that makes it at global levels. ”
Economic operations To this the economist said Haider Kazem al-Baghdadi:” Iraq is in dire need to communicate with major economies and increase friction with them, which contributes to the development of our economy, “especially in the financial sector which needs a new witnessed by international banks systems and products overall operations move Alaguetsadah.onnbh that ” the Iraqi financial sector needs to activate its development role is commensurate with the capabilities of the country ‘s economic that require banking services capable of dealing with large numbers , ” pointing out that ” the Parties “The American experience is very important and makes the Iraqi banks to new tasks after the field is seen on the American experience.”