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Iraq Expands Financial Cooperation With Britain

An Iraqi delegation representing the government, the Central Bank of Iraq and the private banking sector has concluded a visit to London aimed at strengthening financial and economic cooperation with the United Kingdom.

The two-day trip was coordinated by the Iraqi Private Banks League in partnership with the UK Foreign Office and included a series of meetings with British financial institutions and international experts.

Wadih al-Handal, head of the Iraqi Private Banks League, said the discussions focused on expanding opportunities for financial partnerships and supporting the integration of Iraqi private banks into the global banking system.

Several meetings were organised in cooperation with international law firm Hogan Lovells, while a separate session was held at Chatham House, where Iraqi officials met representatives from British and European banks alongside economic specialists.

The talks addressed Iraq’s ongoing financial reforms, efforts to modernise the economy and measures aimed at creating a more stable and attractive environment for foreign investment.

Baghdad has increasingly sought closer financial cooperation with international partners as it pushes ahead with broader economic reforms designed to diversify the economy and improve confidence in Iraq’s banking sector.

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