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A shocking reason for the US Treasury Secretary's visit to Baghdad.

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A shocking reason for the US Treasury Secretary's visit to Baghdad.

Unread postby admin » Thu May 23, 2019 9:13 am

A shocking reason for the US Treasury Secretary's visit to Baghdad.

23/05/2019

A shocking reason for the US Treasury Secretarys visit to Baghdad

A senior Iraqi official revealed the most important of the visit of Assistant US Treasury Secretary Marshall Billingsley to Baghdad, stressing that Washington has provided a file of Iraqi officials containing a list of Iranian companies and banksthat are defying US sanctions across Iraq, and is required to stop dealing with her.
The Iraqi official, who declined to be named, said the Americans want to ensure that the dollar does not infiltrate from Baghdad to Tehran, and they have a list of Iranian companies and banks operating in Iraq with high investments and involved in large conversions of the US currency pulled from the Iraqi market and pumped to Tehran.

The Assistant Secretary of the Treasury visited Baghdad, since last Monday, and met during his visit to President Barham Salih, Speaker of Parliament Mohammad Halboussi, and Finance Minister Fouad Hussein.

The Iraqi official said that the US Treasury Secretary had ordered sanctions against Baghdad if it did not stop the activities of the banned Iranian entities, adding that the Americans had a full picture of ways to transfer hard currency to Iran through Iraq and Iranian fraud.
He pointed out that the Americans considered that these operations will harm the Iraqi dinar for the very near future.

A statement by the Minister of Finance, Fuad Hussein, after his meeting with the Assistant Secretary of the Treasury, that "Billingsley" touched on developments in the political landscape in the region, and actions taken by Washington to implement sanctions on Iran.

"A brief explanation of the future US policy and bilateral relations between Iraq and America, especially in the areas of economy and finance," Billingsley said.

The Minister of Finance, "The situation in the region is complex and sensitive at the same time," and expressed the hope that the outstanding problems will be resolved through peaceful, diplomatic, dialogue and negotiations.

He considered that any tension or conflict will affect negatively on all countries in the region, especially his country, and will reflect negatively on the economy and the Iraqi market.

There are branches of four Iranian banks operating in the country for years, notably Barisan Bank, Iran Bank, and Mali, along with six other banks with Iraqi businessmen, most of whom have ties with Iraqi politicians and party leaders, with more than 70 offices and a convertible company But officials and observers say the biggest risk is the primitive transfer of dollars by land from Iraq to Iran, something Washington is trying to stop.

According to parliamentarians, the United States is monitoring the status of Iraq and its position on the sanctions imposed on Iran.

"Iraq will have a role in Washington's sanctions against Iran," said MP Talal al-Zobaie. "The Americans are keen on imposing strict control over all revenues from and out of Iraq, so Iraq has become the focal point of the targeted sanctions. From the United States against Iran.

He pointed out that there is strong control of remittances between the two countries, pointing out the presence of Iraqi banks are still dealing with the Iranian side.

He added: "What matters to us is that Iraq is far from the sanctions on Iran, and must be fortified banks and financial transfer companies of Iraq from the dangers of US sanctions, to be the country is safe, the interest of Iraq above all."

To this, the member of the House of Representatives, Raad Dahlaki, that Washington is not unaware of what is happening in the Iranian file.

He pointed to the development and clarity of the vision of the Americans, expected to occur harsh repercussions against anyone who tries to break sanctions on Iran.

"We have to distance ourselves from being a battlefield, and not pay the bill and tax of the conflict between the United States and Iran," Dahlaki said.
"We must take care of Iraqi affairs and put in place a strategic or tactical vision at least during the current stage," he said, stressing the need to give the country's interest to the interests of other countries in the event of a conflict.

The expert on the Iraqi economic, Ibrahim Sayah, that the visit is a preliminary warning to Iraq, and that officials in the government must understand that the Iraqi dinar is too weak to resist a single statement to Tramb if the sanctions against Iraq.
"The visit of Assistant US Treasury Secretary represents a clear message indicating the existence of interventions by Iran in the economic affairs of Iraq through local banks that deal financially with Tehran," adding that this angered the United States, which led to this The delegation.

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