Washington appreciates the efforts and steps of the Central Bank of Iraq in contracting with international auditing companies

Baghdad-INA  
Governor of the Central Bank, Ali Mohsen Al-Alaq, discussed today, Wednesday, with US Assistant Secretary of the Treasury, Elizabeth Rosenberg, the possibility of providing technical support in the field of financing foreign trade through reliable banking channels, while Rosenberg appreciated the efforts and steps of the Central Bank of Iraq in contracting with international auditing companies.
 
The Central Bank said in a statement received by the Iraqi News Agency (INA), that “Central Bank Governor Ali Mohsen Al-Alaq received Assistant Secretary of the US Treasury Elizabeth Rosenberg and her accompanying delegation,” indicating that “during the meeting, bilateral relations were discussed and 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, integrity, and implementing 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 solid banking channels with mechanisms that enable financing legitimate foreign trade, in Various types of currencies, including (the euro, the Chinese Yen, and the Emirati dirham), as well as regulating trade with the Turkish Republic.
 
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."