The Central Bank Of Iraq Officially Comes Out Of The EU Sanctions List

BAGHDAD – Wisdom: The European Union officially announced the exit of the Central Bank of Iraq from the list of sanctions imposed by the Union on the institutions.

A statement by the Central Bank received a copy of the wisdom that the decision was "through the publication in the official newspaper of the European Union, which confirmed the abolition of sanctions imposed on this bank under the former regime, which provided for the {prohibition of dealing with a group of financial institutions and non-financial Iraqi, including the Central Bank Iraqi}.
He pointed out that "this step comes as the Iraqi Central Bank achieved significant progress in improving its performance and the application of international regulations and standards in this field.

This bank shows that under these recent amendments will allow the international financial banking institutions to deal with the new instructions as it has become a reliable financial institutions to deal with European international institutions ".