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Shafaq News/ A government source said on Sunday that a Malian delegation will head to Ankara tomorrow, Monday, to discuss regulating trade exchange between Iraq and Turkey and stabilizing it through approved legal and banking methods and means, indicating that the discussions that the Iraqi delegation will engage in come as a continuation of the first round of discussions that took place in Baghdad on Wednesday. November 15th.
The source told Shafaq News Agency: The delegation includes the financial advisor to the Prime Minister, three officials of the Central Bank of Iraq, and directors of twelve Iraqi banks, to hold discussions with a number of Turkish financial and banking institutions, including the Central Bank of Turkey and the Association of Banks, in addition to the Turkish Banking Regulation and Supervision Agency.
He pointed out that the discussions will focus on a number of topics, including discussions with Turkish banks for the purpose of opening correspondent accounts for Iraqi banks in various foreign currencies to be used in account settlements between the two countries and resolving all obstacles facing the two parties in implementing this process.
According to the source, the Iraqi financial delegation will discuss facilitating the use of credit cards for Iraqi residents and tourists in the Turkish banking market.
The organization of trade exchange between the two countries will also be discussed through the Turkish and Iraqi customs authorities matching the goods supplied to Iraq with the financial transfer documents through the foreign currency buying and selling window, in a way that protects the interests and stability of trade between the two countries.
The source suggested that the above discussions will result in the signing of a number of agreements regarding banking arrangements between the two countries, which will contribute to containing the demand for the cash dollar through the irregular market for foreign currencies.
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