Iraq Signs 48 Deals with US Firms

By John Lee.

Iraq has signed 48 agreements, memoranda of understanding (MoUs) and partnership declarations with US public and private sector entities spanning the oil, electricity, technology, finance and agriculture sectors.

According to Iraq's Prime Minister's Office (PMO), the signing ceremony took place on Friday evening Baghdad time under the auspices of Prime Minister Ali al-Zaidi.

Companies named as signatories include:

• ExxonMobil
• KBR
• GE Vernova
• Shell
• Halliburton
• Starlink (agreement with the Communications and Media Commission)
• Kizlight Technology
• PepsiCo
• UOP
• Polaris
• Association of Energy Engineers (AEE)
• PPTA
• Frito-Lay (two agreements for agricultural sector development)

The agreements also cover pipeline projects to transport oil to Banias on the Mediterranean coast, education partnerships, and private sector cooperation in pharmaceuticals supply and manufacturing.

(Source: Prime Minister's Office)

Related posts:

Review of National Policy to Develop MSMEs in Iraq Iraq's Internal Debt Reaches $74bn as External Obligations Fall Kurdistan Region Investment Projects Top $80bn Iraq Approves AI Engineering Clubs at Five Universities