Expert: some private banks would shake the country’s international reputation for its cooperation with countries under UN sanctions

Baghdad (newsletter) … Banking expert optimizer detection on a ravaged banks operate in the interest of some States which are subject to economic sanctions by the United Nations, warning of the impact on the reputation of Iraq.

Ali (News Agency news) on Wednesday: there are some private banks are primarily for the benefit of States affected by an economic blockade as (Syria and Iran) at a time when the United Nations warns that all States of the economic cooperation with those countries.

He added: the banks work for beleaguered States would hurt the country economically in terms of unfair international UN resolutions against Iraq, so the Government and Central Bank to impose financial penalties on banks that deal with those States.

The u.s. Administration imposed economic sanctions against the two banks, one Chinese and the other an Iraqi, because having a substantial financial dealings with Iranian oil companies

ikhnews.com