Finance Minister Taif Sami confirmed Sunday, July 21, 2024, that Iraq has “great economic potential.”
A statement from the ministry said that Sami “received today a delegation from the US Embassy to discuss ways to enhance economic and financial cooperation between the two countries, in addition to discussing a number of issues of common interest.”
She stressed the “Iraqi government’s keenness to strengthen its relations with the United States in various fields, including the economic and financial fields.”
She pointed out that “Iraq has great economic potential, and that the Iraqi government is working to create a favorable investment environment to attract foreign investments.”
For his part, the US embassy delegation stressed “the United States’ readiness to support Iraq in its efforts to achieve economic development, expressing their welcome for cooperation with Iraq in various fields, including the financial and business sector,” according to the statement.
The two sides discussed “the challenges facing the Iraqi economy, ways to enhance American investment in Iraq, and cooperation in the field of combating money laundering and terrorist financing.”
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