By John Lee.
The Ministry of Trade has held a joint meeting between the Department of Foreign Economic Relations and the economic team from US-based KBR to discuss areas of cooperation supporting Iraq's trade policies and digital transformation efforts.
According to a ministry statement, Director General of the Department, Riyadh Al-Hashemi, highlighted the importance of strengthening technical collaboration in digital transformation, updating legislative and regulatory systems to improve the business environment, and enhancing Iraq's integration into the global economy in line with international standards.
The KBR team is working under a cooperation agreement with the Ministry of Planning aimed at supporting and evaluating Iraq's economic landscape, as part of joint efforts to enhance institutional performance and advance economic reforms.
Both sides agreed to continue coordination and dialogue to expand cooperation in trade, investment, and economic development to boost national competitiveness and achieve sustainable growth.
(Source: Ministry of Trade)
Read in the articles that Iraq is on the verge of implementing monetary and economic reforms and the new rate will be around 1 Iqd = $ 3.86