Exclusive: Al-Zaidi will discuss in Washington the release of a $30 billion Iraqi financial guarantee.
Exclusive: Al-Zaidi will discuss in Washington the release of a $30 billion Iraqi financial guarantee.
2026-06-28
Shafaq News – Baghdad
An informed source revealed on Sunday that Prime Minister Ali al-Zaidi will discuss, during his upcoming visit to Washington next month, the release of one of the Iraqi bank guarantees held by the United States, estimated at about $30 billion, in addition to economic and investment files.
The source told Shafaq News Agency that Al-Zaidi’s visit to Washington will focus on redefining the relationship between Baghdad and Washington “clearly and comprehensively,” as well as discussing economic and investment issues that will benefit both sides.
He added that one of the most important aspects of the visit was the release of one of the Iraqi financial guarantees held by the United States, amounting to about $30 billion, explaining that this amount “is sufficient to cover government spending, including salaries, allowances and other expenses, for a period of no less than six months.”
The source indicated that the release of this guarantee also comes within the framework of addressing the repercussions of the Strait of Hormuz crisis, and enhancing Iraqi oil exports through alternative outlets in neighboring countries, by activating different transport lines to maximize financial revenues.
He pointed out that Iraq has various financial assets and guarantees, some of which are frozen and others are held in reserve, stressing that the government is making efforts to release the frozen funds in order to strengthen the strategic financial reserves.
Earlier, an informed source told Shafaq News Agency that Al-Zaidi’s visit to Washington will include discussions on security and economic issues, most notably the security agreement and the future of the American military presence, as well as expanding the economic and investment partnership, and a proposal to establish an Iraqi financial fund in the United States to finance development and infrastructure projects.
US Special Envoy to Syria and Iraq Tom Barrack conveyed to Iraqi Prime Minister Ali al-Zaidi President Donald Trump’s “eagerness” to receive him at the White House in “mid-July” to discuss bilateral relations.
Al-Zaydi announced that the visit would be accompanied by businessmen to expand mutual and joint investment opportunities.
shafaq.com
