[size=30]Al-Shammari: The American understanding of the Iraqi Central Bank's procedures is positive.. but
[ltr]2023.02.05 - 09:58[/ltr]
[/size]
[ltr]2023.02.05 - 09:58[/ltr]
[/size]
[You must be registered and logged in to see this image.]
On Sunday, the head of the Center for Political Thinking, Ihsan al-Shammari, described the "American understanding" of the Central Bank of Iraq's procedures as "positive."
[You must be registered and logged in to see this link.]
Al-Shammari said in a statement to "NAS" (February 5, 2023), that "the Iraqi government found, in the Istanbul meeting with the representative of the US Treasury delegation, that it is a gateway through which the dollar crisis and the exchange rate in Iraq can be ended, especially as it may establish a negotiating table with the US Federal Reserve." And the gradual end to the collapse of the Iraqi dinar.
Read also: [You must be registered and logged in to see this link.]
He added, "What Iraq proposed during this meeting may be internal measures represented in not smuggling money to what the United States of America believes (terrorist groups), and on the other hand, the nature of the measures taken to confront money laundering."
And he continued, "The American understanding of not including a number of Iraqi banks in the list of treasury sanctions may contribute very significantly to limiting the rise in the exchange rate of the US dollar."
He pointed out, "In addition, are the pledges made by Iraq with regard to subjecting all personalities and countries imposed on them by sanctions from the US Treasury, by excluding them from banking transactions, even inside Iraq, and this is encouraging."
And between, “We feel that the government’s political base was able to achieve this American understanding, and therefore it achieved an external measure that ends this crisis and relieves pressure and popular discontent,” noting, “I imagine that full compliance with SWIFT rules and what is related to the electronic platform and other matters may give flexibility from American side.
He pointed out that "if Iraq adheres to the issue of transfers, it will give great flexibility on the part of the American side and put Iraq within the test circle. In the end, the matter depends, in my view, on the February 7 meeting, which may be the most important, given that the government is looking for releases of dollars by the US Federal Reserve, and if the latter is convinced By the nature of the measures taken in relation to banking policy, preventing dollar smuggling, bank governance, and subjecting personalities subject to US sanctions to non-banking transactions, I imagine there will be dollar releases by the US Federal Reserve. All flexibility depends on compliance.
Al-Shammari concluded his speech by saying: "There are also political and security requirements that can be included and a plan can be drawn up for them in the end, and the presence of Foreign Minister Fouad Hussein among the negotiating delegation is evidence of the existence of security and political axes."
Earlier, the US Treasury Department issued a statement regarding the meeting with the Central Bank of Iraq, which was held in Istanbul.
The ministry stated, in a statement followed by “NAS” (February 4, 2023), that “Undersecretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson met with the Governor of the Central Bank of Iraq, Ali Al-Alaq, in Istanbul on February 3 to discuss banking sector reforms and mutual commitment to combating money laundering and addressing For Financing of Terrorism Measures (AML/CFT).
"Undersecretary Nelson welcomed Governor Al-Allaq's leadership on these issues," the statement added, noting "the long-term cooperation and partnership between the Treasury and the Central Bank of Iraq, particularly on restricting illegal and corrupt actors from exploiting the international financial system."
Undersecretary Nelson acknowledged, "Iraq's unwavering dedication to improving AML/CFT compliance standards and offering continued cooperation in modernizing the banking sector."
[You must be registered and logged in to see this link.]
Yesterday at 7:30 am by Rocky
» utube 5/4/24 MM&C Iraq Dinar- IQD Update - No Float of Exchange Rate - Budget -2024 - Schedules -
Yesterday at 7:29 am by Rocky
» “Services” asks the Central Bank about billions of foreign banks in Iraq
Yesterday at 7:27 am by Rocky
» Central Bank: Iraqi banks still face challenges in complying with international laws and standards
Yesterday at 7:24 am by Rocky
» Parliamentary bloc: The Central Bank offers hard currency to “mafias” on a golden platter.. The Suda
Yesterday at 7:20 am by Rocky
» The Iraqi Central Auction witnesses a rise in foreign remittances to $267 million
Yesterday at 7:19 am by Rocky
» Wednesday.. The session to elect the President of the Iraqi Parliament is heading towards “Al-Issawi
Yesterday at 7:14 am by Rocky
» The Union of Arab Banks proposes 4 “important” points for Iraqi banks to meet compliance standards
Yesterday at 7:12 am by Rocky
» In the document... the Central Bank decides to return the “Al-Mal” Bank to work... in this case
Yesterday at 7:08 am by Rocky
» The Iraqi-American agreements and cooperation were the most prominent topics of Al-Araji and Romanow
Yesterday at 7:06 am by Rocky
» Al-Hakim meets a joint delegation of resolve and sovereignty and renews the call to hold a session t
Yesterday at 7:05 am by Rocky
» Nearly one billion dinars were recovered and 3 million liters of fuel intended for smuggling in Iraq
Yesterday at 7:03 am by Rocky
» Al-Sudani and the European Union ambassador discuss issues of economic partnerships, civil aviation,
Yesterday at 6:59 am by Rocky
» More than 950 million dinars... petroleum products announced their recovery
Yesterday at 6:57 am by Rocky
» Forming a committee to follow up on stopping the sale of the dollar to travelers
Yesterday at 6:54 am by Rocky
» The Minister of Justice visits Al-Muthanna Governorate to discuss mechanisms for developing judicial
Yesterday at 6:52 am by Rocky
» Agriculture: Farmers who were affected by the recent rains will be compensated
Yesterday at 6:51 am by Rocky
» Al-Rasheed issues a warning regarding applying for advances and loans
Yesterday at 6:49 am by Rocky
» Al-Rafidain announces the implementation of the comprehensive banking system in its main branch
Yesterday at 5:24 am by Rocky
» Al-Rasheed warns of offices and pages claiming to promote the Salaf
Yesterday at 5:22 am by Rocky
» Adviser to the Prime Minister: There are no conflicts in the route of the Baghdad Metro
Yesterday at 5:19 am by Rocky
» Al-Sudani: We are keen to develop the work of the TBI Bank and address the problems it faces
Yesterday at 5:18 am by Rocky
» Agriculture explains the mechanism of implementing the calendar program and its economic gains
Yesterday at 5:17 am by Rocky
» “The shocks have changed.” The Governor of the Central Bank explains the impact of the openness of I
Yesterday at 5:16 am by Rocky
» The President of the Association of Private Banks sends an “important” invitation to the Central Ban
Yesterday at 5:15 am by Rocky
» Al-Alaq: The Iraqi banking sector has witnessed significant qualitative developments in response to
Yesterday at 5:12 am by Rocky
» On behalf of Al-Sudani, the Minister of Planning sponsors the signing ceremony of a memorandum of un
Yesterday at 5:11 am by Rocky
» The Iraqi Travel Companies Association participates in the Arab Travel Market Exhibition
Yesterday at 5:10 am by Rocky
» The start of the work of the Iraqi-Jordanian Economic Forum
Yesterday at 5:07 am by Rocky
» Integrity Commission at the Arab Anti-Corruption Convention Conference
Yesterday at 5:06 am by Rocky
» Election of the Speaker of Parliament between amendment and disruption
Yesterday at 5:05 am by Rocky
» Plans to increase the real estate bank's capital
Yesterday at 5:03 am by Rocky
» The Central Bank sells more than $276 million in the currency auction
Yesterday at 5:02 am by Rocky
» Advisor to the Prime Minister: We are heading towards a complete transformation of the electronic pa
Yesterday at 5:01 am by Rocky
» Savings and financial inclusion
Yesterday at 5:00 am by Rocky
» Agriculture expects to market 6 million tons of wheat
Yesterday at 4:58 am by Rocky
» Al-Sudani chairs the first meeting of the Supreme Committee for Restructuring the Government Apparat
Yesterday at 4:57 am by Rocky
» Al-Sudani receives an official invitation to participate in the United Nations Climate Change Confer
Yesterday at 4:55 am by Rocky
» "Baghdad Today" in the southern refineries: The Azmara unit will reduce imported gasoline and hard c
Yesterday at 4:54 am by Rocky
» Al-Sudani stresses the importance of supporting the pillars of food security
Yesterday at 4:51 am by Rocky
» Kurdistan is an important oasis for investment. Security and economic stability eliminates the housi
Yesterday at 4:50 am by Rocky
» Politician: Comparing Al-Halbousi to Al-Maliki is not up for discussion
Yesterday at 4:46 am by Rocky
» The Kurdistan Democratic Party demands international supervision of the region's elections
Yesterday at 4:45 am by Rocky
» Al-Sudani heads to Italy next week on an official visit
Yesterday at 4:44 am by Rocky
» Warnings of challenges delaying budget approval, most notably the deficit
Yesterday at 4:43 am by Rocky
» The Ministry of Oil sets the launch date for the fifth and sixth licensing rounds
Yesterday at 4:41 am by Rocky
» Rafidain Bank announces the implementation of the comprehensive banking system in its main branch
Yesterday at 4:40 am by Rocky
» Central Bank Governor: The banking sector is witnessing major qualitative developments
Yesterday at 4:39 am by Rocky
» Economic: Neighboring countries do not import from Iraq for fear of fraud
Sun 05 May 2024, 10:43 am by Rocky
» The Central Bank of Iraq sells more than $276 million in currency auction
Sun 05 May 2024, 9:16 am by Rocky
» Agreement on the presidency of Parliament: Did Al-Halbousi win?
Sun 05 May 2024, 7:09 am by Rocky
» Because of his corruption... Al-Karawi calls for Al-Halbousi to be held accountable
Sun 05 May 2024, 7:08 am by Rocky
» Al-Shammari: The American presence in Iraq has no legal cover
Sun 05 May 2024, 7:06 am by Rocky
» A story titled: Al-Fartusi, the Iraqi ports, and the 160 Committee
Sun 05 May 2024, 7:04 am by Rocky
» The Minister of Finance of the Kurdistan Region expects the date of Baghdad’s sending of salaries fo
Sun 05 May 2024, 7:03 am by Rocky
» What is the importance of conducting a pilot population census in Iraq?
Sun 05 May 2024, 7:01 am by Rocky
» The start of the meetings of the sixth session of the joint Iraqi-Iranian committee in Tehran
Sun 05 May 2024, 6:58 am by Rocky
» The budget schedules did not reach the Council of Ministers
Sun 05 May 2024, 6:54 am by Rocky
» The Minister of Planning directs the installation and operation of gold screening units at Iraqi air
Sun 05 May 2024, 6:52 am by Rocky
» Government advisor: Collections will shift almost completely to electronic payment in the middle of
Sun 05 May 2024, 6:51 am by Rocky
» A politician accuses the American embassy of attracting parties inside Iraq to confuse the situation
Sun 05 May 2024, 5:07 am by Rocky
» Deputy: The anti-prostitution law blocks the way for destructive ideas
Sun 05 May 2024, 5:06 am by Rocky
» State of Law: A political agreement to resolve the position of Speaker of Parliament...these are its
Sun 05 May 2024, 5:05 am by Rocky
» Kurdistan Parliament elections.. The insistence of the two parties intensifies and an international
Sun 05 May 2024, 5:04 am by Rocky
» Jordan considers Iraq one of its "most important" main partners in the investment field
Sun 05 May 2024, 5:02 am by Rocky
» Advisor to the Prime Minister: Iraq is a fertile environment for projects, and there is an expansion
Sun 05 May 2024, 5:01 am by Rocky
» Parliament is close to approving the renewable energy project law
Sun 05 May 2024, 5:00 am by Rocky
» The delay surrounds five Iraqi ministries.. What is the relationship with the budget?
Sun 05 May 2024, 4:58 am by Rocky
» Basra Council threatens: We will not accept unreliable companies to work in Qurna service projects
Sun 05 May 2024, 4:57 am by Rocky
» Iraq intends to convert collections to electronic payment in mid-2024
Sun 05 May 2024, 4:54 am by Rocky
» Parliamentary Committee: 5 ministries whose completion rates are “low”
Sun 05 May 2024, 4:53 am by Rocky
» Completion of the five-year national development plan 2024-2028
Sun 05 May 2024, 4:51 am by Rocky
» Investment opportunities in the ancient city of Ur
Sun 05 May 2024, 4:50 am by Rocky
» Today.. Baghdad hosts leading scientists and researchers in the field of artificial intelligence
Sun 05 May 2024, 4:49 am by Rocky
» Conditions and horrors
Sun 05 May 2024, 4:47 am by Rocky
» Democratic conditions threaten Kurdistan elections and embarrass the Commission
Sun 05 May 2024, 4:46 am by Rocky
» “Consensus” disrupts laws in parliamentary culture
Sun 05 May 2024, 4:44 am by Rocky
» Iraq celebrates “World Press Freedom Day”
Sun 05 May 2024, 4:43 am by Rocky
» Including Iraq... five countries possess more than 1,000 tons of gold
Sun 05 May 2024, 4:41 am by Rocky
» Davos is between two stations, is Iraq the third?
Sun 05 May 2024, 4:40 am by Rocky
» Specialists: The food basket was a buffer to mitigate the blow of high prices
Sun 05 May 2024, 4:39 am by Rocky
» Al-Rafidain Bank announces the implementation of the comprehensive banking system in its Hindi branc
Sun 05 May 2024, 4:34 am by Rocky
» Learn about the proposed law replacing punishment with financial sums
Sun 05 May 2024, 4:33 am by Rocky
» With the beginning of summer... poor services and a spiral of crises afflict the citizens of Kurdist
Sun 05 May 2024, 4:30 am by Rocky
» A new scandal involving one of the “ten promising companies in Basra”... the Iraqi Plain strikes con
Sun 05 May 2024, 4:29 am by Rocky
» With a package of files... Barzani to Tehran and Talabani to Washington next week
Sun 05 May 2024, 4:28 am by Rocky
» An expert reveals the size of the "gas gap" in Iraq: Achieving sufficiency within 3 years is very di
Sun 05 May 2024, 4:25 am by Rocky
» To reach an agreement on 10 memorandums...the start of the meetings of the sixth session of the Iraq
Sun 05 May 2024, 4:24 am by Rocky
» The dollar is declining slightly against the Iraqi dinar in local markets
Sun 05 May 2024, 4:22 am by Rocky
» Deputy: 4 factors hinder Iraqi development.. one of them is a 90% reduction - urgent
Sun 05 May 2024, 4:21 am by Rocky
» Revealing the reason for its delay.. Elekti sets the date for sending the salaries of Kurdistan Regi
Sun 05 May 2024, 4:19 am by Rocky
» The Iraqi development road project, ambitions and expected challenges
Sun 05 May 2024, 4:18 am by Rocky
» Laws were enacted but did not find their way into implementation
Sun 05 May 2024, 4:16 am by Rocky
» Iraq: Political withdrawals hamper the work of Parliament
Sun 05 May 2024, 4:14 am by Rocky
» The continued fluctuation of the dollar exchange rates worries traders and citizens
Sun 05 May 2024, 4:13 am by Rocky
» Vice: Nour Zuhair and his companions manage Iraqi ports
Sun 05 May 2024, 4:10 am by Rocky
» The President of the Kurdistan Region visits Tehran today and meets with senior Iranian officials
Sun 05 May 2024, 4:08 am by Rocky
» Al-Maliki confirms Iraq's openness to all countries of the world
Sun 05 May 2024, 4:07 am by Rocky
» The World Bank is preparing to issue a human capital report in Iraq
Sun 05 May 2024, 4:06 am by Rocky