Iran, Iraq sign Banking MoU

By John Lee.

Iran and Iraq have signed a memorandum of understanding (MoU), covering cooperation in the banking sector, in Baghdad on Wednesday.

IRNA reports that the MoU was inked at a meeting attended by the visiting Governor of the Central Bank of Iran (CBI), Valiollah Seif (pictured), and his Iraqi counterpart Ali Al Alagh in Baghdad,  reported.

They also agreed to set up an 'Iran-Iraq Joint Banking Committee', aimed at monitoring the proper implementation of the mutual banking agreement.

(Source: Trend)

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