Washington's Shift in Iraq Ties
The article discusses Iraqi Prime Minister Ali Zaidy's visit to Washington, during which more than 50 agreements and memoranda of understanding were signed, totaling over 60 billion dollars. These primarily focus on the energy, gas, electricity, and infrastructure sectors. The visit aimed to transform US-Iraqi relations from security cooperation to broader economic and investment partnerships, with an emphasis on attracting American investments to capture flared gas and develop the electricity sector. The goal is to reduce dependence on Iranian energy supplies. The agreements included investments in oil field development, pipelines, and infrastructure rehabilitation, along with efforts to establish a western export route and diminish Iranian influence on the Iraqi market, despite ongoing security challenges and corruption, which remain obstacles to achieving these objectives.
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