The Central Bank of Iraq held talks with the Indian Ambassador to Iraq on potential professional cooperation with Indian entities involved in digital payment systems, covering capacity building, exchange of technical expertise, payment infrastructure development, and stronger security controls and risk governance aligned with international best practices. The Central Bank of Iraq reiterated its focus on developing payment systems and expanding electronic channels to support financial inclusion and service efficiency within approved regulatory frameworks. Both sides agreed to continue coordination through official channels to identify cooperation pathways and set technical follow-up mechanisms as needed.
Central Bank of Iraq 2025-09-09
Central Bank of Iraq and Indian counterparts explore technical cooperation on digital payment systems
The Central Bank of Iraq discussed potential cooperation with the Indian Ambassador on digital payment systems, focusing on capacity building, technical expertise exchange, and enhancing payment infrastructure and security controls. Both parties agreed to maintain coordination to explore cooperation pathways and establish technical follow-up mechanisms.