Al-Sudani calls on American companies to participate in the “development renaissance” in Iraq
Al-Sudani calls on American companies to participate in the “development renaissance” in Iraq
2025-01-26 06:44
Shafaq News/ Prime Minister Mohammed Shia al-Sudani called on Sunday on American companies to participate in the “development renaissance” that Iraq is witnessing, stressing that the investment environment in the country is “attractive and business-friendly.”
Al-Sudani’s media office stated in a statement received by Shafaq News Agency that the latter received the head of the Iraqi-American Business Council, Vice President of the American Chamber of Commerce Steve Lutes. The meeting witnessed a review of trade and cooperation relations between Iraq and the United States, and efforts to prepare for the American Companies Representatives Forum, which will be held in Iraq during this year. The implementation of 18 agreements and memoranda of understanding, which were signed during His Excellency’s visit to the United States last year, was also followed up.
Al-Sudani praised Lotus’ efforts in sponsoring and holding forums and meetings, especially with the Iraqi private sector, stressing that the government has made significant progress in various aspects of economic reform and digital commercial and banking transformation.
He pointed out that efforts are being made to legislate the intellectual property law and introduce this concept into school curricula in order to keep pace with global commercial development.
Al-Sudani explained that economic reforms have raised the level of foreign investments in Iraq, and that American companies are invited to participate in the development renaissance that Iraq is witnessing, and the attractive and business-friendly investment environment.
For his part, Lotus praised the efforts of the Iraqi government in the field of reform, stressing the desire of many American companies to enter the Iraqi market, establish promising partnerships with the Iraqi private sector, and contribute to development and expansion of commercial and investment activities.
shafaq.com
