Iraq is entering a new phase of economic expansion as the

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government accelerates what officials now call “productive economic diplomacy.”
According to Mazhar Muhammad Saleh, the Prime Minister’s Financial Advisor, Iraq has successfully created an attractive climate for foreign investment, opened new markets, and activated partnerships with regional and global powers.

In an interview with INA, Saleh detailed how Iraq’s foreign policy is shifting from traditional political messaging into a fully integrated economic strategy designed to diversify national income and reduce reliance on oil.

If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠...⁠.Iraq is now using foreign relations — agreements, investments, trade partnerships — to generate direct economic benefits and expand non-oil sectors.

Improved security and political stability have encouraged global companies to re-enter Iraq and revive long-delayed infrastructure projects.

This mega-project links Iraq to Turkey, Europe, the Gulf, and Asia, repositioning the country as a regional logistics and trade hub.

Iraq has strengthened partnerships with:

• United States — Strategic Framework Agreement (technology, digital transformation, energy)

• China — electricity, infrastructure, long-term development

• European Union — energy and modernization

• Gulf Cooperation Council — electricity interconnection & investment

These alliances open multiple non-oil markets for Iraq.

Economic diplomacy is enabling growth in:

• industry

• agriculture

• logistics

• digital services

• renewable energy

These sectors can become the backbone of a post-oil economy.

Millions of Iraqis abroad form a global network of talent, capital, and influence — a powerful tool for strengthening investment flows and knowledge transfer.

Key Highlights:• Economic Diplomacy as a New National Strategy• Foreign Investment Momentum Is Rising• The Development Road Project Is a Turning Point• Activation of Major International Agreements• Toward a Diversified, Productive Economy• Leveraging the Iraqi Diaspora (“Diaspora Economy”)

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