Tag Archives | United States

Knights: "The Danger of Letting Iraq's PMF Authority Law Pass"

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Danger of Letting Iraq's PMF Authority Law Pass The Trump administration needs to quietly but firmly signal Baghdad that enshrining the militia umbrella group […]

Iraq signs MoUs for 27GW Electricity Projects with US Firms

By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of three significant Memorandums of Understanding (MoUs) on Wednesday, two in the electricity sector and one to enhance commercial cooperation with the United States. The first MoU, signed with GE Vernova, outlines a strategic cooperation framework to develop combined-cycle gas power plants in Iraq, […]

Despite Tariffs, US brings largest Trade Delegation to Iraq

By John Lee. Prime Minister Mohammed S. Al-Sudani received a delegation from the U.S. Chamber of Commerce on Wednesday, including American investors and corporate executives, accompanied by the U.S. Chargé d'Affaires in Iraq. The meeting focused on strengthening economic ties and promoting Iraq as an attractive destination for foreign investment. The Prime Minister outlined steps […]

Tariffs: PM Orders Review of US-Iraq Trade Relations

By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a high-level meeting on Saturday to assess the economic and trade impact of the United States government's decision to raise customs tariffs on imports from multiple countries, including Iraq. The discussion addressed potential effects on global markets, crude oil prices, and Iraq's domestic economy. According to […]

Trump Hits Iraq with New Tariffs

By John Lee. The United States will apply an additional duty rate of 39 percent to imports from Iraq, as part of President Trump's wide-ranging new tariff regime announced on Wednesday. The new rate, which comes into effect on Saturday, 5th April, does not apply to imports of oil, gas and refined products, according to […]

Dana Gas Increases Investment in Kurdistan Fields

By John Lee. Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Full statement from Dana Gas Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, together with their partners in the […]

Iraq wrestles with US pressure over Iran-backed Militias

By Bridget Toomey, for the Foundation for Defense of Democracies (FDD). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq wrestles with US pressure over Iran-backed militias The US is reportedly applying pressure on the Iraqi government and Iran to disband Iraq's pro-Iranian militias. […]

Iraq Signs Contract for New Economic City

By John Lee. The National Investment Commission (NIC) has signed the Task Order for Phase One of developing the Al-Tayeb Specialised Economic Service Zone in Maysan Province, positioning it as Iraq's first integrated economic city. Key Developments: NIC Chairman Dr. Haider Mohammed Makiyah stated that Al-Tayeb Economic City will attract global investors across agriculture, industry, […]

Video: Iraq's Economy between US, Iran: Perceptions & Realities

By John Lee. The London School of Economics (LSE)'s Middle East Centre has hosted a talk by Ahmed Tabaqchali, exploring the economic and financial interactions of the Iraqi economy with the outside world, particularly the use of the dollar in relation to Iran and the US. While the US' Iraq policy is still fluid, there […]