🇺🇸💼 “America Returns to Iraq: Chevron Leads the Way as Baghdad Fights Corruption & Counters China 💥🛢️”
🌍 A Turning Point for Iraq’s Investment Climate
After years of withdrawals due to corruption, instability, and weak governance, major U.S. companies are returning to Iraq — a sign that Baghdad’s reforms are finally gaining international trust.
🔙 Chevron’s Comeback
Chevron is back in the Nasiriyah oil field (Dhi Qar), marking a major U.S. re-entry into Iraq’s energy sector.
Their return follows Baghdad’s acceptance of three core conditions:
Consistency – Infrastructure completion and long-term project commitment
Security – Legal protections and physical safety for employees
Procedural Facilitation – Legal continuity regardless of future governments
⚖️ Why Now?
Iraq has offered guarantees of transparency, stable contracts, and security, helping offset the risks of:
Corruption
Bureaucratic bribery
Fraud and smuggling
Political instability
🆚 A Strategic Move Against China
The U.S. is seeking to counter China’s growing influence in Iraq’s oil and gas sector
Baghdad’s new contract model allows Chevron to share project revenues post-production, a modern investment-friendly structure aimed at attracting more global players
📉 Iraq’s Past Hurdles
Ranked low on global corruption indices
Billions lost to embezzlement, money laundering, and procurement fraud
These issues pushed out foreign investors — now Baghdad is working to reverse that trend
🌐 Read more: Baghdad Today – Full Article
📌 Stay ahead on Iraq’s global reintegration and economic transformation:
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🔥 Baghdad is cleaning house. U.S. giants are returning. The economic tide is turning in Iraq.