CBI Governor meets with his Saudi counterpart in Baghdad

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His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif met with his counterpart, the Governor of the Saudi Arabian Monetary Authority, Dr. Ahmed bin Abdul Kareem Al-Khulaifi, and the meeting, which included a high-level delegation from both sides, concluded discussions in the field of monetary and banking policies between the two countries.

His Excellency emphasized in an opening speech on the possibility of resuming the training of the employees of the Central Bank at the Saudi Arabian Monetary Authority, as well as discussing the developments of the opening of the Trade Bank of Iraq (TBI) branch in the Kingdom of Saudi Arabia and the possibility of increasing  Iraqi banks in Saudi Arabia to exchange practical experiences. The two sides also discussed developments in the agreement of avoiding double taxation between the two countries.

The Governor of the Saudi Arabian Monetary Authority called for strengthening the relationship between the two countries, especially in the banking sector, pointing out that Iraq is a good arena for financial dealings, expressing his readiness to open more horizons of cooperation in various fields between the two countries.

 

The Central Bank of Iraq

         Media Office

          9/11/2020