Al-Zidi is preparing for a visit to Washington with several key issues on his agenda, most notably attracting major companies to Iraq

Al-Zidi is preparing for a visit to Washington with several key issues on his agenda, most notably attracting major companies to Iraq.

Al-Zidi is preparing for a visit to Washington with several key issues on his agenda most notably attracting major companies to IraqA government source reported on Wednesday that Prime Minister Ali Faleh al-Zaidi’s upcoming visit to Washington will include several topics, including opening partnerships with giant American companies and raising the rate of oil exports to the United States to about half a million barrels per day.

The source told Shafaq News Agency that “Al-Zidi will carry with him important files that address intractable problems in the country, which he will discuss with the American administration, including exporting 500,000 barrels per day to America in exchange for entering into important partnerships with giant companies to solve complex problems in Iraq, including electricity, in addition to the industrial and agricultural sectors and others.”

He pointed out that “these partnerships are conducted according to a known time and financial ceiling and binding controls for both sides, whereby the oil revenues referred to will be used to finance projects to improve the economic, service and even tourism situation.”

He explained that “these economic partnerships will positively impact the political and economic direction of the government, by achieving sustainable interests that meet the country’s needs and enhance the implementation of the government program promised by Al-Zidi, which focuses on prioritizing public interests over private ones.”

The source indicated that “the measures that the government will adopt to achieve an investment, reconstruction and service revolution will be with the approval of all partners in the political process without discrimination.”

Iraqi Prime Minister Ali Faleh al-Zaidi announced last Saturday an official visit to the United States accompanied by businessmen to expand mutual and joint investment opportunities, noting at the same time that the development fund is for the private sector and will absorb a contribution from the Central Bank worth $10 billion.

Al-Zaydi stressed that the government is counting on cooperation with the private sector to make its reform efforts in the economy and development a success, and that it will adopt an open-door policy towards the proposals, requests and problems that businessmen put forward that require intervention and resolution.

Al-Zaydi added: “We have an upcoming official visit to the United States, and we will be taking a number of businessmen with us to expand mutual and joint investment opportunities.”

Shafaq.com

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