Wednesday, May 20, 2026
32 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

Gulf Security Crisis Deepens After Interception of Drones From Iraq

Military forces in the United Arab Emirates neutralized six...

Iraq Bans Plastic Bags in Bakeries Under New Environmental Measures

The Iraqi government approved major environmental restrictions on Tuesday....

Baghdad Activates New Transit Corridor Through Syria as Customs Modernization Talks Progress

Baghdad is changing its economic strategy. The central government...

Iraqi Graduates Protest Across Provinces Demanding Jobs and Economic Reform

A nationwide wave of protests unfolded as Iraqi graduate unemployment...

Shiite Political Rift Deepens as Iraq Coordination Framework Seeks Internal Unity Amid Cabinet Disputes

A widening Shiite political rift in the Iraq Coordination Framework has...

Topics

Gulf Security Crisis Deepens After Interception of Drones From Iraq

Military forces in the United Arab Emirates neutralized six...

Iraq Bans Plastic Bags in Bakeries Under New Environmental Measures

The Iraqi government approved major environmental restrictions on Tuesday....

Baghdad Activates New Transit Corridor Through Syria as Customs Modernization Talks Progress

Baghdad is changing its economic strategy. The central government...

Iraqi Graduates Protest Across Provinces Demanding Jobs and Economic Reform

A nationwide wave of protests unfolded as Iraqi graduate unemployment...

Shiite Political Rift Deepens as Iraq Coordination Framework Seeks Internal Unity Amid Cabinet Disputes

A widening Shiite political rift in the Iraq Coordination Framework has...

Iraq Orders All Armed Groups to Surrender Power to the State

The Iraqi government has taken a decisive step toward...

Tehran Reaffirms Strong Iran-Iraq Relations Following Regional Drone Security Concerns

The future of Iran-Iraq relations remained a major focus on Monday...

Related Articles