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Iraq signs 48 agreements with US companies during PM visit
The Hindu··18 Jul
Iraq signed 48 agreements with American companies during Prime Minister Ali al-Zaidi US visit, his office said on July 18. Deals include cooperation with ExxonMobil, Shell, Halliburton, KBR and GE Vernova in oil and electricity sectors. Iraq also signed a Starlink deal to introduce satellite communications services. The agreements follow Trump praising Zaidi at a White House meeting.
Prism
What It Means For You
- Iraq-US economic ties are expanding through 48 new agreements.
- Oil and electricity sector deals may affect global energy supply chains.
- Starlink services may reach Iraq through the new partnership deal.
What's Happening
- Iraq signed 48 agreements with US companies during PM Zaidi visit.
- Deals cover oil, electricity, pipeline and Starlink satellite services.
- Trump praised Zaidi at a White House meeting on July 14.
Adaptive Context
- Zaidi became PM after Trump vetoed another candidate this year.
- Iraq lost oil export revenue during the West Asia war.
- US military is scheduled to exit Iraq by end of September.
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