Dollar adjustment package: A deal with China and India precedes serious discussions with the US Treasury
Dollar adjustment package: A deal with China and India precedes serious discussions with the US Treasury
11-14-2023
A government source said, on Tuesday, that the government is working on a draft “equal deal” to exchange trade and imports with China and India within the framework of measures to control the dollar exchange rates, noting that the Prime Minister directed the activation of a joint committee to hold serious discussions with the US Treasury regarding transfers.
The government is now working on an “equal deal” project to exchange trade and imports with some countries such as China and India.
The government is currently considering establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in Iraqi dinars.
The government is studying a re-export project and there are important discussions in this regard.
The government issued a series of measures to develop electronic payment systems and reduce dependence on cash.
The Prime Minister directed the activation of a joint committee between the government, the central bank and the private sector, under the supervision of his office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee began its meetings.
964media.com
