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Article: “Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon.. Expectations of his advisor"
Quote: "Al-Din, the Prime Minister’s advisor for foreign affairs...expected Prime Minister Mohammed Shia Al-Sudani to announce a pioneering financial initiative that he said could change the business landscape in Iraq and strengthen its relationship with the United States."
UN: Major shifts in economic development projects in Iraq
The United Nations Development Program – UNDP revealed on Tuesday its most prominent development projects and activities in Iraq, confirming that it has recorded major shifts in economic development projects in Iraq.
“In recent years, UNDP focused greatly on creating appropriate conditions in the liberated areas for the return of the IDPs to their homes. With the stabilization phase approaching its end, PM Muhammed S. Al-Sudani indicated that Iraq is moving to a new phase of development.
We, in UNDP, have recorded major transformations in economic development projects in Iraq,” the Deputy Resident Representative of UNDP in Iraq told the Iraqi News Agency – INA.
He stressed that “the work of UNDP will witness a transformation. On the one hand, we will continue to support reintegration, especially with the acceleration of the return of Iraqi citizens from the camps, and ensuring their ability to integrate into society and be welcomed by communities. On the other hand, we will focus more on the unique development challenges facing Iraq.”
“We are working, for example, on important initiatives to support the government’s efforts to combat corruption in the country, combat money laundering, provide support for security sector reform and strengthen the rule of law. At the same time, we are working to promote economic development, as Iraq increasingly relies on foreign direct investment to achieve development. We are also working to combat climate change, mitigate its effects and improve environmental conditions,” he added.
https://ina.iq/eng/37998-un-major-shifts-in-economic-development-projects-in-iraq.html
MAJEED 
British website: New oil agreements reveal a growing Western influence in Iraq
Information / Translation …
A report by the British oil Price website specializing in oil and energy affairs revealed on Wednesday that Iraq’s recent signing of several agreements with Western oil companies reveals an increase, albeit noticeable, of Western influence in Iraq.
“The growing number of deals between the West and Iraq highlights Western’s growing involvement in Iraq’s vital energy sector, and in this process, the United States and its main allies China and Russia have proven that they are capable of winning while working on two conflicts at the same time – the war of Russia and Ukraine, the war of Israel and Hamas, and it seems very likely that they can do the same in three countries if necessary, especially if the third country focuses on Taiwan,” the report said.
He added that “on January 16 alone, it witnessed the signing of many new agreements for British companies, followed by the visit of Iraqi Prime Minister Mohammed Al-Sudani to London, where he met with Shell CEO Wael Sawan to discuss opportunities to expand cooperation between Iraq and the energy giant company. Sawan confirmed Shell’s readiness to increase its investments in Iraq, especially in the gas sector, where it is a key player in it through its role in Basra Gas Company.”
He added that “the demonstration of Western soft power also appeared in the signing of a memorandum of understanding between the School of Oriental and African Studies at the University of London and the Iraqi College of Al-Mamoun, focusing on educational cooperation and the exchange of academic missions. One day later, the United States came in turn, as the Iraqi government agreed to the terms of the agreement with Halliburton Company to develop the Nahr Bin Omar and Sinbad oil fields.
“This is the tip of the iceberg where Chevron, ExxonMobil, ICOM and Bectel have all been nominated for bids for projects in Iraq with contracts worth more than $60 billion,” a senior source in the EU’s energy sector said.
According to industry figures, Chinese companies now manage more than a third of Iraq’s proven oil and gas reserves and more than two-thirds of its current production, so it is not surprising that the United States and its allies have since desperately sought to reverse this geopolitical trend,” the report said. Over / 25 Z
AJ
Non-Oil Revenue -- the government is working to diversify revenues and implement strategic projects,
sulfur and phosphate production
Prime Minister Mohammed Shia Al-Sudani chairs a meeting dedicated to discussing the development of sulfur and phosphate production, in the presence of; Deputy Prime Minister and Minister of Oil, Minister of Finance, Minister of Industry and Minerals, Governor of the Central Bank, and a number of advisors and general managers.
Mr. Al-Sudani directed to work on the optimal investment of this wealth, which falls within the economic security of the country, and whose investment has been suspended for decades.
He also appreciated the efforts of holding this meeting to unify visions and ideas to maximize the state’s revenues, indicating that the government is working to diversify revenues and implement strategic projects to support development in various fields and sectors. During the meeting, it was decided to form a committee headed by the Prime Minister’s Advisor for Energy Affairs, and including the technical undersecretaries of the Ministries of Oil and Industry and Minerals,
as well as the Legal Department of the General Secretariat of the Council of Ministers, and general managers from the Ministries of Industry and Oil, to submit a report within one month on the vision for achieving optimal investment in sulfur of the associated, mining, and phosphate types.
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