PM Al-Zaidi woos US investors for joint projects

Shafaq News- Washington

Iraq is expanding its economic ties with the United States by attractingforeign investment, Prime Minister Ali al-Zaidi stated on Friday after Baghdadsigned a series of agreements and Memorandums of Understanding with UScompanies during his recent visit to Washington.

Speaking at the signing ceremony, al-Zaidi described the agreements as asign of growing confidence between Iraq and the United States, with both sideslooking to deepen economic cooperation.

Al-Zaidi also invited US firms to visit Baghdad as soon as possible todevelop a practical roadmap for implementing joint projects, adding that Iraqiministries and government institutions would remain open to investors to helpaddress challenges and provide the necessary support.

Earlier, a source told Shafaq News that Iraq was expected to sign morethan 18 agreements with the United States covering sectors including politics,energy, investment, defense, education and healthcare.

Al-Zaidi, who began his first official foreign visit since taking officeon July 13, has held talks with US President Donald Trump and senior Americanofficials on security cooperation, investment, energy and economicpartnerships. The discussions also covered the future of the US militarypresence following the conclusion of the Global Coalition's mission, as well asIraq's commitment to placing all weapons under state control by the end ofSeptember.

Read more: Iraq-US investment deals depend on implementation

For Shafaq News, Mostafa Hashem, Washington D.C. ...