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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.

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