Iraqi banks cooperate with Iranian exporters
Central Bank Chairman: The next point is Iran's relations with Iraq's friend and brother country. In this regard, yesterday and today we had good agreements with the Chairman of the Central Bank of Iraq and we believe that banking relations are the key to the development of economic relations between the two parties.
According to an agreement with the Central Bank of Iraq, Abdul Nasser Hemmati said on Wednesday at a meeting of bank chiefs, members of the Iraqi and Iranian chambers of commerce and economic activists in Baghdad at the invitation of the Iranian ambassador to Iran, Iraj Mosque. Iranian exporters can operate through Iraqi banks, and Iranian banks can also have dinar accounts with Iraqi banks.
Speaking on the second day of his visit to Iraq, Hemmati, praising the achievements of the Islamic Revolution over the past four decades, said: "The United States has implemented the toughest sanctions for Iran in two phases and is seeking to weaken the national currency, chaos in Iran." It created Iran, but with the efforts of the Iranian regime and the people of Iran, we were fortunate enough to control inflation and stabilize economic affairs.
In another part of his speech, the chairman of the Monetary and Credit Council, referring to talks with the head of the Iraqi central bank, said: "The next point is Iran's relations with Iraq's friend and brother country." In this regard, yesterday and today we had good agreements with the Chairman of the Central Bank of Iraq and we believe that banking relations are the key to the development of economic relations between the two parties.
"I saw great will in the development of bilateral relations among Iraqi officials, while the Iraqi Prime Minister today had strong support for bilateral negotiations and agreements," he said.
"According to the agreement, the Central Bank of Iran will have euro and dinar accounts and gas and oil exchanges with these accounts," Hemmati said.
The head of the central bank, emphasizing that we are now our biggest partner, Iraq added: Iranian exporters should be able to operate through Iraqi banks based on the agreements, and so Iranian banks can have Iraqi dinar bank accounts. Have. Therefore, with these agreements and the agreement of the Prime Minister of Iraq, the banking relations between Iran and Iraq will be much stronger and the expansion of trade relations between the two countries will form the basis.
He also added that Iraqi companies can open accounts in Iranian banks and make transactions with dinars. During the meeting, the head of the Iraqi Chamber of Commerce, while emphasizing the positive relations between the two countries, pointed to the mechanism of activities of Iraqi and Iranian companies.
The president of Al-Rashid Bank of Iraq also offered to set up a branch in Iran, saying: "We are ready to cooperate with Iranian financial companies within the framework of the Central Bank of Iraq. The issue will play an important role in the trade between the two countries.
In response to the head of Al-Rashid Bank regarding the establishment of a branch in Iran, Hemmati said: "Based on the agreements reached with the proposal to establish and open branches of Iraqi banks in Iran, I believe that the opening of branches of Iraqi banks in Iran can be extended to the chain of agreement. help.
"I hope that with the explicit agreement and instructions of the Iraqi Prime Minister, the agreements will be operational," he said.
Following the meeting, some Iranian businessmen in the Iraqi market also raised some concerns and made suggestions that were welcomed by the head of the central bank, and it was agreed that the issues should be pursued in meetings with relevant parties in Tehran. .
Chairman of the Central Bank of the Islamic Republic of Iran Abdul Nasser Hemmati arrived in Baghdad on Tuesday at the head of the Central Bank of Iraq and was welcomed by the head of the central bank of the country, Ali al-Alaq.
Last night, after several hours of negotiations between the two delegations, the Iran-Iraq Financing Mechanism Agreement was signed by the heads of the central banks of the two countries. The head of the central bank is also scheduled to meet with the president.
* IRNA
