By outlining a strategy for the Mutually Beneficial Joint Development and Monetization of Gas Fields and Energy Resources in the North of Iraq, in partnership with the Kurdistan Region of Iraq, vision regarding reconciliation and a constructive settlement of differences between the Kurdistan Regional Government and the Federal Government of Iraq in relation to the management of
Read MoreIn Iraq, a multidimensional development and climate crisis is brewing. Iraq’s oil-dependent development model, weakening human and institutional capacity, and its deep social divides and inequalities are ingredients of a “perfect storm” centering on a development-climate-fragility nexus. A new World Bank Group diagnostic tool, the Country Climate and Development Report provides
Read MoreStatement of the Iraq Economic Contact Group of the G7, European Union and World Bank December 2023 On December 12, the Iraq Economic Contact Group (IECG) held the final meeting of 2023, co-chaired by Italy and the United States. As friends and partners of Iraq, Canada, France, Germany, Italy, Japan, the European Union, the United Kingdom, the United States, and
Read MoreOverall bilateral trade fundamentals are increasing despite sanctions The cultural and economic connection between Mesopotamia and Russia goes back to centuries before the Middle Ages. But in the contemporary era, Soviet-Iraq relations were established in September 1944. Despite the ups and downs of 1955 and the restoration of relations in 1958, Baghdad became one of the
Read MoreTrade and investment connections between Russia and Iraq have a long and intricate history. During the Middle Ages, merchants and explorers from both regions interacted, traversing through the Volga trade route and the Caspian Sea, establishing early trade networks between what would much later become Russia and Iraq. Formal diplomatic relations were established on September 9
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