Iraq signed 48 agreements, memorandums of understanding and partnership deals with U.S. companies during Prime Minister Ali al Zaidi’s official visit to Washington, with the majority centered on the country’s energy and oil industries.
According to the Iraqi prime minister’s office, the agreements include partnerships between the Ministries of Energy and Oil and major American companies such as ExxonMobil, KBR, GE Vernova, Shell and Halliburton. The deals are part of Iraq’s broader effort to strengthen foreign investment and modernize its energy infrastructure.
The two countries also finalized an agreement to rehabilitate an oil pipeline connecting Iraq and Syria, creating a new strategic export route as regional tensions continue to disrupt traditional shipping lanes.
In addition, Iraq signed an agreement with Starlink to expand satellite internet services across the country, aiming to improve digital connectivity.
Prime Minister Ali al Zaidi’s visit marks his first official trip abroad since taking office in April. During the visit, President Donald Trump praised the Iraqi leader and reaffirmed Washington’s commitment to expanding economic cooperation with Baghdad.
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Iraq, whose economy relies on oil exports for roughly 90% of government revenue, is seeking to rebuild its economy after years of conflict while addressing long-standing challenges, including weak infrastructure, public services and corruption.
