Iraqi Prime Minister holds key meetings with U.S. corporations to boost industrial growth
Iraqi Prime Minister, Mohammed Shia Al-Sudani, convened pivotal discussions with top executives from General Electric and Honeywell during his visit to the 78th United Nations General Assembly session. The primary agenda of these meetings was to explore avenues for bolstering partnerships and cooperation between these American companies and Iraq.
The talks, as reported by the Prime Minister’s Office (PMO), centered on fortifying and expanding upon prior agreements, aligning with the Iraqi government’s proactive stance on economic reform and the advancement of technological and industrial sectors.
During these sessions, Prime Minister Al-Sudani underscored Iraq’s readiness to attract diverse forms of investments, emphasizing the concurrent governmental endeavors to construct the necessary infrastructure. This strategic move aims to harness Iraq’s untapped natural wealth and leverage it to promote prosperity for its citizens while nurturing a stronger strategic alliance with the United States.
Furthermore, Prime Minister Al-Sudani held a meeting with prominent members of the U.S. Chamber of Commerce, attended by numerous business magnates, investors, and representatives from leading American corporations. In this gathering, the Prime Minister expressed his gratitude towards Steve Lutes, Vice President of Middle East Affairs at the U.S. Chamber of Commerce, for orchestrating this meeting, which serves the crucial purpose of acquainting investors with the burgeoning business environment in Iraq.
Al-Sudani highlighted Iraq’s status as an enticing destination for investments, buoyed by its abundant natural resources yet to be fully tapped. He emphasized that the time is ripe to capitalize on these resources, both to enhance the well-being of the Iraqi populace and to reinforce the nation’s strategic partnership with the United States.
These high-level meetings represent a significant step forward in Iraq’s pursuit of economic revitalization and technological advancement, setting the stage for promising collaborations between Iraq and influential American corporations.