Al-Zaidi from the US Congress: We want to build balanced foreign relations and attract foreign investment.
Al-Zaidi from the US Congress: We want to build balanced foreign relations and attract foreign investment.
2026-07-15
Shafaq News – Washington
Prime Minister Ali al-Zaidi affirmed on Wednesday that his government is moving towards building balanced foreign relations and working to enhance the environment that attracts foreign investment.
The Prime Minister’s Media Office stated in a statement received by Shafaq News Agency that Al-Zaidi met at the US Congress building with the Chairman of the Foreign Affairs Committee, Brian Mast, and members of the committee from both the Republican and Democratic parties, as part of his official visit to the US capital, Washington.
The meeting witnessed discussions on formulating joint and constructive visions for steps to develop Iraqi-American relations in various levels and fields.
According to the statement, Al-Zaydi stressed that “the government is proceeding with its program for economic reform and revitalizing sectors with investment appeal, as well as strengthening the capabilities of our security forces and the policy of not keeping any weapons outside the control of the state.”
He indicated that the government is pursuing a balanced foreign relations approach, promoting a favorable investment environment, and reforming and developing the financial and banking sectors, which paves the way for more American companies to operate in Iraq.
For their part, members of the Foreign Affairs Committee stressed their support for all economic and political partnerships with Iraq, and for supporting efforts from both sides to strengthen relations, expand investments, economic partnerships and financing partnerships between Iraq and the United States, stressing the importance of the pivotal role that Iraq plays in consolidating stability in the region.
Al-Zaidi arrived in the US capital, Washington, on Monday, at the head of a high-level delegation that included a number of ministers, officials, investors and business owners, for an official visit that will last for seven days.
On Tuesday evening, an informed source revealed that Iraq will sign more than 18 agreements with the United States in various fields, while indicating that there are agreements ready that will be signed soon.
The source told Shafaq News Agency that “Prime Minister Ali al-Zubaidi’s visit will result in the signing of more than 18 partnership agreements in various fields, including politics, economy, industry, energy, oil, education, health, investment and armament, and that these agreements will strengthen the partnership between Iraq and the United States.”
He added that “Iraq is looking to establish a development fund in one of the American banks, not in the Federal Reserve Bank. According to initial data, the fund will be financed from the revenues of oil exported to the United States, in an amount of up to 500,000 barrels per day, which makes the value of the fund’s financing reach one trillion dollars, to finance investment projects and infrastructure projects, foremost among them electricity projects and other important projects.”
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