Tuesday, June 3, 2025
Japanese Ambassador: We seek to support the investment environment in Iraq and attract international companies
Japanese Ambassador: We seek to support the investment environment in Iraq and attract international companies
Japanese Ambassador to Iraq, Akira Endo, announced on Monday that more than $21 billion has been allocated to support economic cooperation projects in Iraq since 2003, stressing his country's continued efforts to support the investment environment in Iraq and attract international companies.
In a speech during the signing of an agreement between the Iraq Development Fund and the Japan Cooperation Center, attended by an Iraqi News Agency (INA) correspondent, the Japanese Ambassador to Iraq said: "Since 2003, the Japanese government has implemented economic cooperation projects in Iraq totaling more than $21 billion.
Japan has become the largest donor of aid to Iraq in recent years, primarily through Japanese yen loans for infrastructure development in various fields such as electricity, water, sanitation, and oil." The ambassador emphasized that "Japan has consistently provided assistance alongside the Iraqi people to support their efforts in building the country," adding, "In order to further develop economic relations between Japan and Iraq, we look forward to Iraq's continued efforts to improve the investment environment, including strengthening the implementation of relevant laws and regulations, and continuing to enhance transparency in business practices, particularly with regard to attracting foreign companies, including Japanese companies."
He pointed out that "the JCCME has been working for more than a decade to promote trade and investment between Japan and Iraq through activities aimed at enhancing Japanese companies' understanding of Iraq, such as organizing annual Iraqi business seminars, sending delegations to key sectors in Iraq, and organizing training programs in Japan for Iraqi officials."
He continued, "On the other hand, given the priorities of the Iraq Development Fund, the six areas it identified—education, agriculture, housing, digital transformation, manufacturing and food security, and the environment—represent precisely the areas that the Iraqi government has prioritized under the leadership of Prime Minister Mohammed Shia al-Sudani. These are also areas where Japanese expertise can have a sustainable and meaningful impact on Iraq's future." He noted that "this signing is a pivotal step that comes at a critical time, as it will contribute to strengthening relations between the private sectors in Japan and Iraq by providing and exchanging information, and supporting, promoting, and coordinating the work of companies." link
DINAR EXCHANGE 🇺🇸 Iraq & U.S. strengthen ties! (June 1, 2025)
DINAR EXCHANGE
Iraq & U.S. strengthen ties! (June 1, 2025)
PM Al-Sudani welcomes new U.S. Chargé d’Affaires Steven Fagin to Baghdad.
Strategic Framework Agreement reaffirmed
Cooperation in energy, security, education & investment
U.S. businesses invited to join Iraq’s economic rise
A new era of partnership begins! 
Minister of Finance Discusses Support for Development Projects in Iraq with World Bank
Minister of Finance Discusses Support for Development Projects in Iraq with World Bank
Minister of Finance Taif Sami discussed with the World Bank Representative to Iraq on Sunday enhancing cooperation to support development projects.
The ministry said in a statement received by the Iraqi News Agency (INA): "Minister of Finance Taif Sami Mohammed received the World Bank Representative to Iraq and his accompanying delegation to discuss plans to enhance cooperation to support development projects by leveraging the technical and financial support provided by the Bank in implementing strategic projects to stimulate economic growth, especially in the areas of infrastructure and human development."
The statement added, "The two parties discussed developing the private sector and encouraging investment as the primary driver of sustainable economic growth, in addition to the need to support financial reforms to achieve stability and growth."
The statement explained that "the Bank Representative expressed his commitment to continuing to support Iraq in achieving its development goals and enhancing its ability to confront economic and development challenges." link
TIDBIT FROM MILITIAMAN
Militia Man
The data supports big things are about to take place...The last 3 to 4 days have been really powerful information.
It shows Iraq is integrating into the international financial system, into the global community. They're talking about it, the UN is talking about it specifically...
We know we've had the support from the United States Treasury, the World Bank, IMF, UN, major financial institutions, other central banks in the region, a successful Arab League conference...powerful information...
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