A high-level US trade delegation is expected to visit Baghdad.
Iraq is anticipating the visit of a high-level US trade delegation comprising several major American companies. The visit is expected to strengthen relations between Washington and Baghdad in the areas of security, infrastructure, and energy.
This was announced by Farhad Alaa El-Din, the Sudanese Prime Minister's advisor for foreign affairs, on Friday, April 4, 2025. He explained that the delegation will arrive in Baghdad next week, and that an agreement is expected to be concluded between the American company General Electric and the Iraqi Ministry of Electricity to develop the electricity sector in Iraq.
The advisor noted that the agreement will help address Iraq's current electricity shortage, which stands at 48,000 megawatts.
Alaa El-Din added that the United States has significantly expanded its economic relations with Iraq over the past two and a half years, and that Washington is playing an increasingly important role in revitalizing the Iraqi economy.
The US delegation's visit was organized by the Iraqi Chamber of Commerce, and several agreements and memoranda of understanding are expected to be signed between the two sides, in addition to an agreement to develop the electricity sector.
Alaa El-Din also noted that Iraq seeks to leverage the capabilities of American companies to address the problem of flaring large quantities of associated gas due to the lack of adequate infrastructure.
The US trade delegation's visit comes amid US President Donald Trump's imposition of tariffs on several countries, including Iraq, which Trump announced on Wednesday night, April 2, 2025, at a rate of 39%. link
No comments:
Post a Comment