Iraq: Perceptions and Politics
The article discusses the policies and agreements that Iraq has signed with the United States since 2004, aimed at strengthening economic and investment relations, particularly in the oil, energy, and electricity sectors. Despite the signing of numerous agreements and memoranda of understanding, only limited results have been achieved on the ground. Major oil companies such as ExxonMobil and Oxy Petroleum have withdrawn from Iraq repeatedly due to security conditions and political volatility. The article links these challenges to geopolitical issues, such as Iran’s influence and disputes with Turkey and Syria, as well as the lack of Iraqi political will, which hinder the implementation of major projects and keep Iraq trapped in a cycle of failure to meet its economic and investment goals. It emphasizes that signing agreements alone does not guarantee their success without a stable political and security environment and a decisive national will. Moreover, it highlights that Iraq’s relationships with the United States and Iran are intertwined in a way that complicates the achievement of tangible, practical results.
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