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The Iraqi Prime Minister's advisor stated that signing 48 agreements and memoranda of understanding with the United States represents an important step toward enhancing economic openness and attracting foreign investments to Iraq. He explained that the success of these agreements depends on transforming them into actionable, implementable projects, emphasizing that the entry of international companies will aid in technology transfer, improve the efficiency of economic sectors, create jobs, and reduce reliance on oil. He pointed out that implementing these agreements requires genuine reforms in the investment environment, such as simplifying procedures, enhancing transparency, and providing legal and security stability. The advisor also highlighted the importance of public-private partnerships to achieve development and infrastructure growth, which in turn will support economic growth and increase non-oil revenues.
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