Mudhar Mohammed Salih highlights the impact of the Strategic Framework Agreement between Iraq and the USA, emphasizing its role in enhancing Iraq’s financial integration and stabilizing foreign relations. The agreement has opened pathways for international investment, with Iraq positioning itself as a vital energy hub while maintaining sovereignty and fostering regional peace.
Mudhar Mohammed Salih, the Prime Minister’s Advisor for Financial Affairs, stated that the Strategic Framework Agreement between Iraq and the United States has significantly enhanced financial integration in Iraq. He emphasized that this relationship has led to a balanced approach in Iraq’s foreign policy and economic strategies.
Salih articulated, “The 2008 Strategic Framework Agreement formed the foundation for stable bilateral relations and numerous cooperative efforts essential for engaging with a major ally like the United States.” He highlighted the U.S. role within the international coalition against ISIS as instrumental in safeguarding Iraq’s sovereignty and fostering stability, thereby opening avenues for international trade and investment.
Additionally, Salih mentioned that the agreement facilitated a favorable environment for Iraq’s financial sector, enabling integration with international banking systems while ensuring transparency and governance. He drew attention to Iraq’s position as OPEC’s second-largest crude oil producer, stating that this makes it a vital energy hub on the global stage.
He remarked on Iraq’s successful navigation of foreign relations, avoiding reliance on a single power or axis, and leveraging its strategic geographic significance to foster peace and regional stability.
The Advisor underscored that ongoing improvements in U.S.-Iraq relations contribute to achieving stability and sustainable development while maintaining Iraq’s sovereignty and independence in decision-making through mutual respect and recognition of Iraq’s positive regional role.
In summary, the Strategic Framework Agreement has been pivotal in strengthening Iraq’s financial integration and fostering a balanced foreign policy with the United States. Through this partnership, Iraq has opened up to international economic opportunities while enhancing its role as a key player in security and stability within the region. The continued development of this relationship is crucial for Iraq’s sovereignty and long-term sustainable growth.
Original Source: ina.iq
