Iraqi President Calls for Int’l Action to Face Regional Challenges

Iraqi President Barham Salih meets with Spanish Ambassador to Iraq Juan Jose Escobar in Baghdad on Wednesday (INA)
Iraqi President Barham Salih meets with Spanish Ambassador to Iraq Juan Jose Escobar in Baghdad on Wednesday (INA)
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Iraqi President Calls for Int’l Action to Face Regional Challenges

Iraqi President Barham Salih meets with Spanish Ambassador to Iraq Juan Jose Escobar in Baghdad on Wednesday (INA)
Iraqi President Barham Salih meets with Spanish Ambassador to Iraq Juan Jose Escobar in Baghdad on Wednesday (INA)

Iraqi President Barham Salih called on Wednesday for joint international action to confront challenges and ease tensions in the region.

During a meeting in Baghdad with the Spanish Ambassador to Iraq, Juan Jose Escobar, on the occasion of the end of his mission, the President stressed the need for international cooperation in facing the common challenges of combating terrorism, in addition to the importance of solidarity, supporting the stability of the region and easing the tensions surrounding it.

A presidential statement said Salih also appreciated Spain’s supportive stances for Iraq in combating terrorism within the international coalition as well as supporting stability.

The Iraqi President’s invitation for joint international actions on regional challenges came as Baghdad prepares to host the first conference of regional neighbors at the end of August, with the aim of discussing the political and security challenges facing the region.

The conference is scheduled to be held at the summit level during the last ten days of August and would not be limited to Arab or Islamic countries neighboring Iraq but would extend to other states in the regional neighborhood.

Meanwhile, head of the National Power of the State Coalition Ammar Al-Hakim stressed the importance of developing relations between the US and Iraq to serve the interests of both countries.

Hakim held talks Wednesday with US Ambassador Matthew Tueller on the political developments in Iraq and the region, as well as the outcomes of the strategic dialogue between Iraq and US.

“The importance of these relations is to serve the interests of two countries, and the need to proceed with the adoption of dialogue as a way to resolve differences and spare the region the repercussions of tensions and conflicts between its countries," said Hakim.

Also on Wednesday, the European Union Delegation to Iraq warned against fraud in the coming parliamentary elections, expected to be held in Iraq next October.

Martin Huth, the European Union ambassador to Iraq, said there are concerns about the security and human rights environment in which the elections will take place.



Israel Extends Cooperation between Israeli and Palestinian Banks, Official Says

Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel's new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023. (Reuters)
Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel's new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023. (Reuters)
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Israel Extends Cooperation between Israeli and Palestinian Banks, Official Says

Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel's new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023. (Reuters)
Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel's new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023. (Reuters)

Israel's finance minister has extended a waiver that allows cooperation between its banking system and Palestinian banks in the occupied West Bank, the minister's spokesperson said on Sunday.

The waiver, which was due to expire at the end of June, allows Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority. Without it, the Palestinian economy would have taken a hit.

Finance Minister Bezalel Smotrich extended the waiver during a recent cabinet meeting, his spokesperson said.

US Treasury Secretary Janet Yellen has said it was important to keep open the Israeli-Palestinian correspondent banking relationships to allow battered economies in the West Bank and the Gaza Strip to function and help ensure security.

The Palestinian economy relies heavily on this relationship to process transactions made in Israeli shekels.

Some 53 billion shekels ($14 billion)were exchanged at Palestinian banks in 2023, official data show.