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Economy· August 17, 2026 at 12:36 p.m.

Iran's Central Bank Governor Consults on Financial Cooperation and Strategic Economic Ties in Iraq

Iran's Central Bank Governor Consults on Financial Cooperation and Strategic Economic Ties in Iraq

Key takeaways

  • Iran's Central Bank Governor visited Iraq
  • Discussions focused on financial claims, technical cooperation, and strategic economic ties
  • Visit aimed to strengthen bilateral relations

The Governor of Iran's Central Bank, Abdolnasser Hemmati, recently visited Iraq to discuss financial claims, technical cooperation, and strategic economic ties. The visit aimed to strengthen bilateral relations between the two countries.

In a meeting with Iraq's Finance Minister Ali Allawi, Hemmati emphasized the importance of resolving financial disputes and increasing trade between Iran and Iraq. He also discussed potential areas for technical cooperation in various sectors.

Hemmati's visit comes amidst ongoing efforts to strengthen economic ties between Iran and its neighboring countries, particularly Iraq, which is one of Iran's largest trading partners.

The discussions are expected to lead to concrete agreements that will boost trade and investment between the two nations. The exact details of these agreements have not been disclosed yet.

This development underscores the growing importance of regional cooperation in the Middle East, particularly in the face of economic sanctions imposed by external entities.

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