Baghdad The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, met the Governor of the Turkish Central Bank, Shihab Kavuoglu, in Istanbul, at the invitation of the Turkish side.

The development of banking and financial relations between the two countries was discussed.

The Governor said, during his meeting with his Turkish counterpart, that our visit aims to develop banking relations between the two countries, support the opening of branches of Iraqi banks in Turkey and open mutual accounts, in a way that contributes to the development of trade relations between the two countries on the basis of reciprocity.

The Governor called on his Turkish counterpart to provide facilities to Iraqi banks to facilitate the settlement of the trade balance between the two countries and the transfer of funds belonging to Iraqis residing in Turkey.

The Governor of the Central Bank of Turkey praised the efforts made by the Central Bank of Iraq in developing the national economy, stressing that he is ready to open the doors of cooperation and facilitate banking operations between the two countries.

Source: National Iraqi News Agency