AGP Executive Report
Last update: 5 hours agoJordan Trade: Iraq and Jordan signed nine cooperation agreements, including support for small businesses and consumer protection, and proposed a free-trade zone. Bilateral trade rose 14% to $1.13 billion in the first eight months of 2026. Investment and Infrastructure: Prime Minister Ali al-Zaidi told investors that work on the Development Road extension is due to start in early 2027, alongside plans for full commercial operations at Grand Faw Port. Baghdad is offering customs incentives and simpler procedures to attract investment. Business Links: A new Iraq-US Business Council aims to draw American investment into sectors including industry, agriculture, technology and infrastructure. Iraq also discussed trade diversification and support for WTO accession with the International Trade Centre. Finance: Al-Zaidi said the US agreed to increase shipments of physical dollars to Iraq, with a reported plan for $1 billion a month. Oil and Shipping: Iraq’s oil minister urged faster purchases of tankers to strengthen exports; a vessel was reported on fire southeast of Al-Faw, with its condition and the cause unknown.
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