Monday, February 14, 2011

Deputy Treasury Secretary Wolin Visits Iraq

Wolin sets down the law in Iraq.

The Treasury has announced that Wolin visited Baghdad, Iraq February 12 – 14 to, according to the Treassury, "engage new Iraqi leadership on key economic challenges and the path forward for Iraq. During his two-day visit, Deputy Secretary Wolin met with Deputy Prime Minister for Economic Affairs Rowsch Shaways, Deputy Prime Minister for Energy Hussain al-Shahristani, Minister of Finance Rafi al-Issawi, Chairman, PM Advisory Committee Thamir al-Ghadhban, Central Bank Governor Sinan al-Shibibi and Council of Representatives Finance Committee Chairman Haider al-Abadi....Deputy Secretary Wolin also discussed the significant threat associated with Iran’s increasing ties to Iraq’s developing financial sector and the need for the development of a sound anti-money-laundering/combating-the-financing-of-terrorism (AML/CFT) regime to protect against illicit financial activity, support Iraq’s integration into international markets and attract foreign investment."

While in Baghdad, the Deputy Secretary co-chaired a meeting of the Economic and Energy Cooperation Joint Coordination Committee (JCC) that was established under the U.S.-Iraq Strategic Framework Agreement to strengthen U.S.-Iraqi bilateral economic and commercial ties.

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