Sunday, April 26, 2026
30 C
Baghdad

Iraqi PM Calls on US Companies to Invest Amid Improved Business Climate

Iraqi Prime Minister Mohammed Shia Al-Sudani has invited US firms to invest in Iraq, highlighting the country’s increasingly business-friendly environment.

Al-Sudani made the remarks during a meeting on Sunday with Steve Lutes, Vice President and Deputy Head of the Middle East, Central Asia, and Turkey at the US Chamber of Commerce, according to a statement from the Prime Minister’s Office (PMO).

Discussions focused on strengthening US-Iraq trade ties and preparations for a forum set to bring US business representatives to Iraq in 2025. The two sides also reviewed agreements made during Al-Sudani’s visit to the United States in 2024.

The prime minister emphasized Iraq’s progress in economic reforms and digital transformation, underscoring his government’s commitment to modernizing the business landscape. He also praised Lutes’ role in fostering cooperation, particularly with Iraq’s private sector.

Al-Sudani highlighted ongoing efforts to align Iraq with global trade developments, including new legislation on intellectual property and integrating related concepts into the education system.

Lutes, in turn, welcomed Iraq’s reform initiatives, noting that many US companies are eager to enter the Iraqi market, establish partnerships with the private sector, and contribute to the country’s economic growth.

Hot this week

Iraq’s Oil Output Plunges from 4.3M to 1.3M Barrels as Hormuz Disruptions Hit Exports

Iraq's oil crisis intensifies as disruptions in the Strait...

Iraq Political Crisis Deepens as Sudani and Maliki Take Charge of PM Selection

Iraq political crisis continues to intensify as the Coordination...

Iraq Oil Exports to U.S. Decline Amid Weekly Market Shifts

Iraq's oil exports to the U.S. declined during the...

Gold Prices Stabilize in Iraq Markets Across Baghdad and Erbil

Gold prices stabilize in Iraq markets as traders report...

Iraq Iran Trade Exchange Advances as Both Sides Target $20 Billion Growth

Iraq and Iran are moving forward with a new...

Topics

Iraq’s Oil Output Plunges from 4.3M to 1.3M Barrels as Hormuz Disruptions Hit Exports

Iraq's oil crisis intensifies as disruptions in the Strait...

Iraq Political Crisis Deepens as Sudani and Maliki Take Charge of PM Selection

Iraq political crisis continues to intensify as the Coordination...

Iraq Oil Exports to U.S. Decline Amid Weekly Market Shifts

Iraq's oil exports to the U.S. declined during the...

Gold Prices Stabilize in Iraq Markets Across Baghdad and Erbil

Gold prices stabilize in Iraq markets as traders report...

Iraq Moves Toward Digital Food Trade System with New Commodity Exchange Plan

Iraq continues to advance major reforms in its food...

Coordination Framework Intensifies Talks as Iraq PM Deadline Approaches

Leaders from the Coordination Framework gathered late Saturday night...

Iraq Launches Iraqi Airways Performance Review Amid Reform Push

In Iraq, authorities launched a major Iraqi Airways review...

Related Articles