AGP Executive Report
Last update: 9 hours agoUzbek-Iraq Trade Push: Uzbekistan and Iraq launched a joint business council in Tashkent, aiming to deepen corporate ties and boost bilateral trade, with early focus on food, electrical engineering, and construction and a MoU signed between the Uzbek Chamber of Commerce and Industry and Iraq’s Economic Council. Regional Security & Business Risk: Reuters reports Iran’s IRGC has formed secret drone-attack cells inside Iraq, bypassing existing militia networks—raising uncertainty for investors and supply chains tied to Gulf stability. Logistics Upgrade for Iraq: AD Ports Group launched integrated logistics linking Khalifa Port (Abu Dhabi) with Umm Qasr Port in Iraq via a direct weekly service, designed to move more containers and Ro-Ro cargo and strengthen regional trade corridors. Sanctions Pressure: The US Treasury expanded sanctions on Hezbollah-aligned Lebanese officials and a Hezbollah-linked business network, including designations tied to fundraising and front companies that reach into Iraq. Oil Market Spillover: Oil prices slipped after the Strait of Hormuz reopened following the US-Iran interim deal, but traders are cautious, watching whether tanker traffic fully normalizes—an important signal for Iraq’s energy-linked economy. Diplomatic Follow-Through Unclear: US Vice President JD Vance postponed Switzerland talks on the Iran agreement, adding uncertainty to the next steps that could affect regional trade and energy flows.
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