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During the Iraqi Prime Minister, Ali Falah Zaidi's, visit to the United States from July 13 to 17, 2026, a comprehensive economic partnership initiative was launched aimed at supporting the Iraqi economy and diversifying income sources. This includes opening new outlets for oil exports and enhancing production and refining capabilities. The visit focused on strengthening bilateral cooperation in security, military, financial, and investment fields, with Zaidi holding meetings with American officials, including U.S. President Donald Trump, as well as representatives from major financial and funding institutions. Additionally, 48 agreements and memoranda of understanding were signed to bolster economic and trade relations between the two countries. The visit also involved discussions on developing the oil sector, fostering cooperation with international companies such as Chevron and Exxon, and securing political and economic support from the international community, all aimed at improving Iraq's economic conditions and diversifying its resources.
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