Iraq urges US firms to accelerate project implementation

President Donald Trump welcomes Iraqi Prime Minister Ali al-Zaidi during a meeting in the Oval Office at the White House in Washington, D.C., where the two leaders discussed expanding economic cooperation, energy investment and the future of U.S.-Iraq relations. Baghdad (IraqiNews.com) – Iraqi Finance Minister Faleh Sari urged on Saturday US companies operating in the oil and energy sectors to accelerate the implementation of their projects in the country. Sari remarks took place during his meeting in Baghdad with US Charge d’Affaires to Iraq Steven Fagin to review bilateral relations and discuss approaches to enhance economic and financial cooperation. The Iraqi minister’s call aims to boost foreign investment and support the development of vital sectors. Sari said in a statement that Iraq’s relations with other countries are driven by the country’s supreme interests. He emphasized the Iraqi government’s commitment to maintaining a balanced relationship with the United States based on shared interests. Fagin described the Iraqi government delegation’s visit to Washington last July as highly successful. He emphasized the importance of building upon the visit’s outcomes to strengthen cooperation between the United States and Iraq. On July 13, Iraqi Prime Minister Ali al-Zaidi paid a five-day visit to the United States, where he signed 48 agreements and memoranda of understanding, as well as announced cooperation between Iraqi and US organizations. The agreements totaled over $60 billion and encompassed industries such as oil, energy, industry, technology, telecommunications, finance, agriculture, education, and health.