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» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
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» Russia aren't taking any prisoners
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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
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» ZIGPLACE
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» Classic Tony is back
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» THE MUSINGS OF A MADMAN
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»  Minister of Transport: We do not have authority over any airport in Iraq
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» Did Okie Die?
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» Hello all, I’m new
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» What Happens when Cancer is treated with Cannabis? VIDEO
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» An Awesome talk between Tucker and Russell Brand
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» Trafficking in children
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» The second American Revolution has begun, God Bless Texas
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» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
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» Tucker talking Canada
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» Almost to the end The goodguys are winning
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Post by roxy22222222 Mon Aug 28, 2017 10:08 pm

As I have stated on numerous occasions, any bank that wants to do business with Iraq can. And any bank that wants to do financial transactions can.  The lifting of sanctions on Iraq several years ago achieved this. That being said, doing business with a central bank in Article XIV is risky and very few if any will do business with Iraq while they are still under IMF Article XIV. Until they achieve the requirements of Article VIII and accept it, most foreign banks will shy away from Iraq. Think of IMF Article VIII as an international standard.
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