US Trade Delegation In Iraq To Boost Economic Ties [Barron's]
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Source: Barrons
The three-day visit, which began on Monday, comes amid fears of an international recession after US President Donald Trump imposed sweeping tariffs on numerous countries, which included 39 percent duties on Iraqi imports. The US delegation consists of 101 members from 60 companies in the energy, technology and health sectors, who are set to meet with senior Iraqi officials and sign agreements, said an embassy statement to AFP. It is the largest US trade mission to Iraq in the more than 100-year history of the United States Chamber of Commerce, the embassy added. In a post on X, the US mission said that a "pivotal memorandum of understanding to strengthen ties between the US and Iraqi private sectors" was signed on Monday between the US Chamber of Commerce and the Federation of Iraqi Chambers of Commerce. "This partnership will foster long-term economic collaboration," it said. According to the office of the US trade representative in Iraq, total goods trade with the oil-ric
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