Iraq-U.S. Strategic Framework Agreement: A Cornerstone for Stability and Development

Mudhar Mohammed Salih, Iraq’s Prime Minister’s Advisor, stated that the Strategic Framework Agreement with the United States has fostered financial integration and stable bilateral relations. The U.S. role in combating terrorism has strengthened Iraq’s sovereignty and enhanced international trade opportunities. Furthermore, the agreement facilitates Iraq’s integration into the global financial system and supports its independent foreign policy.

In a recent statement, Mudhar Mohammed Salih, the Prime Minister’s Advisor for Financial Affairs, emphasized the significance of the Strategic Framework Agreement between Iraq and the United States, which has fostered strengthened financial and banking integration. He highlighted that this agreement, established in 2008, has been instrumental in creating stable bilateral relations and facilitating crucial joint cooperation between the two nations.

Salih outlined the pivotal role of the United States as part of international coalition forces in combating ISIS, which has proven essential for Iraq’s sovereignty and security. He asserted that this involvement has allowed Iraq to expand its international trade and investment prospects, promoting an environment of security and stability that is vital for prosperity.

He further described the agreement as a favorable catalyst for developing Iraq’s financial relationships, enabling it to integrate into the global financial system transparently while enhancing governance within the banking sector. Salih noted Iraq’s position as OPEC’s second-largest oil producer underscores its strategic importance within the global energy landscape.

Moreover, Salih remarked that Iraq has pursued a balanced and independent foreign policy in collaboration with major powers, particularly the United States, establishing itself as a pivotal international player. He articulated that Iraq’s peace strategy aims to decrease regional tensions and foster constructive relationships with both international and neighboring countries.

Salih reaffirmed that the ongoing improvement in Iraqi-American relations would continue to enhance stability and sustainable development for Iraq. He emphasized the necessity of maintaining a balanced relationship that respects Iraq’s sovereignty and supports its independent decision-making, highlighting mutual respect and the United States’ acknowledgment of Iraq’s endeavors towards regional peace and development.

In conclusion, the Strategic Framework Agreement between Iraq and the United States has been critical in establishing stable relations and enhancing Iraq’s economic integration. The ongoing cooperation and mutual respect between the two nations are expected to further promote Iraq’s stability and development, while ensuring that Iraq preserves its sovereignty and maintains an independent foreign policy.

Original Source: ina.iq