Joint Statement Of The Central Bank Of Iraq And The Central Bank Of Tunisia

 
May 25, 2025    In the context of strengthening bilateral relations and consolidating cooperation between the Republic of Iraq and the Republic of Tunisia,
 
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq,
met in the Iraqi capital, Baghdad,with His Excellency the Governor of the Central Bank of Tunisia, Mr. Fathi Zuhair Al-Nouri,  on the sidelines of the conference:
 
    “Iraq’s National Strategy for Financial Inclusion 2025-2029: Vision and Diagnosis,” 
organized by the Central Bank of Iraq.

    During the meeting, a memorandum of cooperation and coordination was signed between the Central Bank of Iraq and the Central Bank of Tunisia,
 
expressing both sides' commitment to
 
     developing joint frameworks and
     consolidating the principles of banking integration,
 
in light of the development of economic relations between the two brotherly countries.
 
    The memorandum stipulates enhancing cooperation in several areas, most notably:
 
    • Banking supervision and risk management in line with international standards.
    • Enhancing and expanding the use of electronic payment systems with the aim of supporting financial inclusion.
    • Supervising payment systems and exchanging expertise on developing their technical infrastructure.
    • Exchange of information and expertise in the areas of financial innovation, cybersecurity, and combating money laundering and terrorist financing.
 
    This visit provided an opportunity for both parties to discuss financial issues of mutual interest and explore opportunities for joint cooperation in developing the banking sector's infrastructure,
 
particularly with regard to modernizing and developing electronic payment systems and financial services.
 
This reflects both sides' commitment to
strengthening channels of dialogue and
technical and regulatory cooperation with their counterparts
in the region, the Arab world, and internationally.
 
    Through this partnership, the two sides affirmed their continued efforts to
 
      keep pace with developments in international banking and
     build strategic cooperative relations that contribute to
     achieving financial stability and
     supporting economic growth between the two brotherly countries.    
https://cbi.iq/news/view/2900