AGP Executive Report
Last update: 33 minutes agoIraq’s FATF status: Iraq has been returned to the FATF grey list after gaps in anti-money laundering and counter-terror financing controls, with Baghdad agreeing to cooperate on a corrective action plan. Oil recovery push: Iraq’s Oil Ministry says it aims to restore output to over 3 million barrels per day within two months after the US-Iran ceasefire, as companies restart restoration work. Regional security risk: Reuters reports Iran’s IRGC has set up covert drone cells in Iraq targeting Gulf states, signaling a shift away from traditional militia networks. Trade and logistics: AD Ports Group launched a new integrated shipping link between UAE’s Khalifa Port and Iraq’s Umm Qasr, aiming to speed cargo transit and boost regional trade. Customs and investment ties: Iraq and Erbil are working on a draft agreement to expand ASYCUDA customs systems, while Iraq’s PM is set to visit Washington to deepen economic cooperation. Business environment: Syrian exports to Iraq face tougher competition from Turkish goods amid logistics frictions and weaker Iraqi purchasing power.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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