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Shafaq News/ The Iraqi Foreign Minister, Fouad Hussein revealed today, Thursday, a mechanism to monitor the movement of the US currency (the dollar) through the Iraqi government and the US Treasury Department, and while he indicated that each country has its own policy for dealing with countries such as Iran, he stressed that Iraq still needs forces American provides advice, training and exchange of security information.
Iraqi Foreign Minister Fouad Hussein said in an interview with the Kurdish service on "Voice of America" radio, which was seen by Shafak News Agency, that "Washington and Baghdad have agreed on a mechanism that will make it difficult for dollars to move without the knowledge of the Iraqi government and the US Treasury," adding that "it did not go To visit Washington, to say that the dollar should not enter this or that country."
Voice of America radio added that "the radio interview with Hussein dealt with his country's strategic relations with the United States, the presence of foreign forces, and Iran's influence," while the Iraqi minister said that he "discussed in Washington the issue of the sharp decline in the value of the dinar, and that the Central Bank of Iraq took a number Of the measures that appear in this regard," expressing his belief that "the price of the currency is slowly stabilizing."
Hussein pointed out that "a system has been put in place through which Baghdad and Washington can monitor the destination of the money," explaining that "under the new system, it will be difficult for dollars to be moved without the knowledge of the Iraqi government and the US Treasury," adding that "a mechanism has been put in place To regulate the flow of dollars" from Iraq.
On the most important goals of Washington's visit and the issue of the dinar, Hussein explained that "the main reason for our coming is to strengthen ties, especially in the fields of finance and economy, and among these issues is related to the currency. I believe that the discussions we had with the US Treasury and the Federal Reserve have reached a good result. The bank has taken The Iraqi Central Bank has a number of measures that seem to be supported."
When the radio asked him about the steps taken by the Iraqi government to prevent money from going to Iran, the Iraqi minister explained that "the Iraqi society buys everything from abroad, from agricultural materials to foodstuffs, medicines and industrial goods, and if you look at Iraq's trade or its trade balance with other countries, You will find that everything comes from abroad, as the Iraqi market and the Iraqi government spend a lot of dollars on that."
And the Iraqi Foreign Minister stated, "For this, the dollar going abroad is a good thing if it is related to trade, but there was no mechanism for how to issue dollars from the central bank and who would get them from the Iraqi market and how they would go abroad, but now, a mechanism has been put in place to organize the movement Dollar This mechanism slowly controls the flow of dollars through smuggling or for other purposes.
When the American radio asked him if this mechanism would prevent dollars from entering Iran through Iraq, Hussein said, "We did not come to say that the dollar should not enter this or that country. We came here to regulate the conditions of the dollar in the Iraqi market, when it is regulated in the market." Iraqi, this means that dealing in US dollars will be normal.
The minister continued, saying that "under the new system, it will be more difficult for dollars to go to another place without the knowledge of the Iraqi government and the US Treasury."
In response to a question about issues that had not been agreed upon with the Americans, Hussein said, "We did not come here to agree on everything. They have their own policies, for example, they have their own policy towards Russia, and they have their own policy towards Iran. For us, Iran is a neighboring country, and we are We deal with it differently, that's a fact."
Regarding the position of the Iraqi factions regarding the presence of foreign forces, Hussein said, "It is clear that there is a need for the US forces that are still in Iraq to remain, for the security and military interests of Iraq." He added, "Let me clarify something: These are not combat forces. Based on a mutual agreement, these American forces provide advice and training to the Iraqi army and the Peshmerga forces. They also helped us exchange intelligence information, especially with regard to (ISIS) terrorists."
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