Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments
Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments
1-22-2025
Information/Baghdad…
The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, confirmed that Iraq has become a safe environment for attracting foreign investments.
Saleh told the official newspaper that “moving to the red list is an indication of the reduced risks of the business environment in Iraq and the increased levels of compliance with international standards, and gives our country a better degree of confidence when dealing with economic relations, implementing projects, and establishing partnerships without exposing the foreign party to the risks of dealing with the phenomenon of money laundering and terrorist funds.”
He added that this “means a significant increase in the levels of governance prevailing in the country’s economic and regulatory institutions, without a doubt, which expresses the strength of the enforcement of the law and its strict imposition and advanced levels of regulatory reforms, as indicated by the list.”
Saleh pointed out that “in all cases, such a classification is issued by relevant international organizations such as the Financial Action Task Force (FATF) and others, and reflects an improvement in financial transparency and the fight against corruption to reach better record levels that maximize the confidence of international investors and related financial and commercial activities.”
Prime Minister Mohammed Shia al-Sudani welcomed the removal of Iraq from the red list for risk assessment, stressing that the country’s current reality indicates that it is at the highest levels of stability, and that it deserves to be on the green list, noting at the same time that the stable situation encouraged raising the volume of investments to more than 63 billion dollars during the past two years.
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