His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received the Assistant Secretary of the US Treasury Elzabeth 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, as well as confirming the continued support provided by the US Treasury and joint efforts to enhance transparency and integrity and the application of international compliance instructions in the Iraqi banking system.
The two sides discussed following up on the outputs and results of the previous meetings between the Central Bank of Iraq on the one hand, and the US Treasury and the US Federal Bank on the other, as well as the possibility of providing technical support in the field of financing foreign trade through sober banking channels with mechanisms that enable the financing of legitimate foreign trade, in different currencies, including (the euro, the Chinese yuan, and the UAE dirham), as well as regulating the movement of trade with the Republic of Turkey.
The US Treasury Department praised the efforts and steps of the Central Bank of Iraq to contract with international audit companies to ensure the accuracy and transparency of the procedures.
Central Bank of Iraq
the media office
