Britain Stresses The Importance Of Banking Cooperation And Providing Technical Assistance To The Central Bank of Iraq

Baghdad The British Ambassador to Baghdad, Mark Bryson-Richardson, stressed the necessity of banking cooperation and providing technical assistance to the Central Bank of Iraq, especially in the field of financial digitization.

A statement from the CBI said, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb, met today with the British ambassador in Baghdad, and banking relations and ways to develop them were discussed.”

Ghaleb welcomed the opening of branches of British banks in Iraq and the opening of opposite accounts to facilitate trade exchange between the two countries.

For his part, the ambassador stressed the necessity of banking cooperation and providing technical assistance to the Central Bank of Iraq, especially in the field of financial digitization.

The ambassador also touched on the white paper document, economic reform and the priorities for implementing this plan, where the governor emphasized the implementation of reforms regarding the automation of border crossings, customs and taxes.

The ambassador praised the new building of the Central Bank, as the governor invited him to attend the opening ceremony of the building upon its completion.

 

Source: National Iraqi News Agency