Iraq just took another important step toward strengthening its economy.
The Iraq Development Fund has signed a new agreement with BPI France in Paris. The goal is simple: work together to support economic growth and help fund key projects inside Iraq.
The agreement was signed by Mohammed Al-Najjar, head of the Iraq Development Fund, and Isabelle Bébier, who leads European and international affairs at BPI France. Officials from the Iraqi Embassy in Paris were also present for the signing.
So, what does this agreement actually do?
First, it aims to support long-term economic growth in Iraq. That means helping projects that can keep the economy moving forward, not just short-term fixes.
Second, it focuses on creating jobs. More projects and more investment mean more work opportunities for Iraqi citizens.
Third, it works to make the Iraqi economy stronger and more competitive, especially by encouraging innovation and modern development.
Another major part of the deal is financing strategic projects—the kinds of projects that can make a real difference in infrastructure, production, and development.
The agreement also sends a clear message to French companies. Iraq is open for business and is inviting them to enter the Iraqi market, especially in sectors that focus on production, development, and long-term growth.
Overall, this move is part of Iraq’s larger plan to build stronger economic ties with France and open new doors for investment and development partnerships.
In simple terms, Iraq is laying the groundwork for more cooperation, more investment, and a stronger future economy.
