The Iraqi Commercial Attaché Mr. Jasim husein participated in the reception of Prime Minister Dr. Haider Al-Abadi and his accompanying delegation during an official visit to the United States from 3/20/2017 to 3/22/2017.
The Commercial Attaché also attended the Prime Minister’s meeting with the US Chamber of Commerce on March 20, 2017. The meeting was attended by the Secretary of Commerce, Mr. Wilbur Ross, members of the US Chamber of Commerce, as well as a number of businessmen and representatives of US companies and US officials.
Prime Minister Dr. Haidar al-Abadi mentioned in his speech during the meeting that the war on ISIS and liberating all of Iraq has come to its final stages, pointing out that the next challenge facing Iraq is the economic challenge, saying that this challenge is no less dangerous than terrorism.
The PM said the Iraqi government has a clear vision to overcome the financial crisis and revive its national economy. The PM described corruption as another aspect of terrorism, stressing the need to eliminate it. The PM called the international organizations to help Iraq to eliminate corruption by providing expertise and modern mechanisms to fight it.
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The Prime Minister stressed the desire of the Iraqi government to attract foreign investment, especially US investors to Iraq, expressing the readiness of the Iraqi government to facilitate US companies to work and invest in Iraq. The Prime Minister also encouraged US companies to enter the Iraqi market through investment, stressing the importance of the development and expansion of US companies which already work in Iraq.
For his part, the US Secretary of Commerce welcomed the Prime Minister and his accompanying delegation, stressing the importance of this visit in activating the strategic cooperation agreement between Iraq and the United States, especially from the economic perspective. Secretary Ross pointed out that despite the difficulties facing the Iraqi economy and the world in general, it is possible to overcome the crisis through the consolidation of efforts and cooperation between the two countries.
Secretary Ross praised the efforts of the Iraqi government to overcome the financial crisis, its fight on corruption, attracting foreign investment and empowering the private sector, stressing that Iraq is moving in the right direction. Secretary Ross also expressed his country’s readiness to cooperate with Iraq and provide assistance in the fight against corruption and the process of reconstruction.
After the meeting, the Commercial Attaché met with a number of representatives of US companies and members of the Chamber of Commerce, as well as a number of US officials, during which they raised the most important obstacles and difficulties facing US companies to enter the Iraqi market. The Commercial Attaché stressed its keenness to provide the necessary support and assistance to US companies to overcome these obstacles. The attendees from the US companies during their meeting with the Prime Minister expressed their optimism about the seriousness of the Iraqi government to take the necessary steps to facilitate the task of investment for foreign companies.
