Friday, April 18, 2025
18 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

We Are All Babylonians: Festival Revives Cultural Spirit

Baghdad, Iraq - Iraqi artists praised the Babylon International...

Iraq and Turkey Reinforce Strategic Ties with Focus on Security Cooperation.

Baghdad, Iraq - In a high-level meeting held on...

Political Participation Matters: Parties Urged to Register

Baghdad, Iraq - The Independent High Electoral Commission (IHEC)...

Duhok SC Makes History as First Iraqi Team to Win the Gulf Club Champions League

On Tuesday, April 15, 2025, Duhok SC achieved a...

President Rashid and Speaker al-Mashhadani Discuss Political Developments and Election Readiness

Baghdad, Iraq - President Abdul Latif Jamal Rashid met...

Topics

We Are All Babylonians: Festival Revives Cultural Spirit

Baghdad, Iraq - Iraqi artists praised the Babylon International...

Political Participation Matters: Parties Urged to Register

Baghdad, Iraq - The Independent High Electoral Commission (IHEC)...

UN Special Representative Urges Unity and Stability for Iraq’s Future

Baghdad, Iraq - The UN Special Representative in Iraq,...

Related Articles