Iraq: Partnerships support economy after being out of High-Risk Countries

INA – BAGHDAD
 
Ministry of Foreign Affairs – MOFA confirmed on Monday, that the European Union's decision to remove Iraq from the list of High-Risk Countries in money laundering and terrorist financing opens the door to economic partnerships that push the wheel of reconstruction and investment.
 
"Iraq's being out of the list of High-Risk Countries represents an important success for Iraqi diplomacy, accompanied by the state institutions concerned with Iraq's compliance with the standards of international partnership with its partners," said Foreign Ministry spokesman Ahmed Al-Sahaf to Al-Iraqiya News TV, followed by the Iraqi News Agency (INA).
 
He added, "Terrorism and the financing of terrorism is an international challenge, and for Iraq to succeed in complying with the criteria of this regulation to be effective in a sensitive stage, reflects the confidence of the international community in the Iraqi government's procedural rules,"
 
"This matter will have significant positive repercussions for Iraq's economy in various aspects, and it is related to effective economic partnerships that Iraq pursues to be in touch with its partners and friends," he noted.
 
Al-Sahaf pointed out that "the decision represents a success in national integration via diplomatic work that lasted more than a year and a half in order to be on the right track to achieve effective strategic partnerships by removing the most important obstacle,"
 
"The diplomacy of recovering antiquities and Iraq's payment of all its debts to neighboring Kuwait and being out of the High-Risk Countries qualifies for more worthy steps that allow the creation of greater economic partnerships, diversify the country's economic gates and allow greater steps in the field of reconstruction and investment," he pointed out.