Iraqi PM meets with General Electric, Honeywell to stimulate industrial development

Iraqi PM meets with General Electric, Honeywell to stimulate industrial development

While attending the 78th session of the United Nations General Assembly, Iraqi Prime Minister Mohammed Shia Al-Sudani met with CEOs and representatives of US companies to discuss ways of enhancing partnerships and collaboration between these companies and Iraq. The meeting aimed at exploring opportunities for increased cooperation to benefit both parties.

The Prime Minister’s Office (PMO) released a statement saying that Al-Sudani held a meeting with representatives from General Electric and Honeywell to discuss reinforcing and advancing previous agreements. The government aims to expedite economic reforms and improve technological and industrial development.

The Iraqi Prime Minister confirmed that Iraq is prepared to attract various types of investments, especially with the ongoing efforts of the government to construct the necessary infrastructure.

During his visit to the US, Al-Sudani met with members of the US Chamber of Commerce. Many businessmen, investors, and representatives of major American companies were in attendance.

The Prime Minister expressed appreciation for the efforts made by Steve Lutes, the Vice President of Middle East Affairs at the US Chamber of Commerce. The meeting was arranged to inform investors about the business environment in Iraq.

According to Al-Sudani, Iraq is a country that attracts investment, especially due to its untapped natural resources. He believes that it is imperative to utilize these resources to bring prosperity to the Iraqi people and strengthen the strategic relationship with the United States.