At the invitation of Mr. Ali Mohsen Ismail Al-Alaq, Governor of the Central Bank of Iraq, Mr. Fethi Zouhaier Nouri, Governor of the Central Bank of Tunisia, accompanied by senior bank officials, participated in the conference “National Financial Inclusion Strategy 2025-2029: Vision and Diagnosis,” organized by the Central Bank of Iraq.
On the sidelines of the conference, the two Governors signed a Memorandum of Understanding (MoU) on cooperation and coordination between the Tunisian and Iraqi central banks.
This reflects their commitment to strengthening joint frameworks and reinforcing principles of banking integration, amid the ongoing development of economic relations between Tunisia and Iraq, under the sustained support of the political leadership of both brotherly nations.
The agreement outlines enhanced cooperation in several key areas, including:
– Banking supervision and risk management in compliance with international standards,
– Promoting and expanding the use of electronic payment systems to support financial inclusion,
– Oversight of payment systems and sharing expertise on developing their technical infrastructure,
– Exchange of information and expertise in financial innovation, cybersecurity, anti-money laundering (AML), and counter-terrorism financing (CFT).
During the visit, the two parties exchanged views on financial issues of mutual interest and explored new opportunities for cooperation in developing banking sector infrastructures, particularly with regard to modernizing and developing electronic payment systems and financial services.
This demonstrates both parties’ commitment to strengthening channels of dialogue, as well as technical and regulatory cooperation, with their counterparts at regional, Arab and international levels.
Through this partnership, the two parties reaffirmed their commitment to keeping pace with developments in the international banking sector and building strategic cooperative relationships that contribute to financial stability, as well as inclusive and sustainable economic growth, between the two sister countries.
