Iraq continues to expand its international partnerships, and Iraq German investment cooperation now stands at the forefront of this progress. Recently, the Administrative Deputy Minister of Trade, Sattar Al-Jabri, held productive talks in Berlin with representatives of Euler Hermes, the German export credit agency. The discussions aimed to deepen trade relations and create a stronger investment environment.
The meeting occurred at the Iraqi Embassy during the Iraq Economic Conference, where both sides showed great enthusiasm. Moreover, the Iraqi Chargé d’Affaires joined the discussions to highlight Iraq’s readiness for global cooperation. Together, the participants reaffirmed their shared goal of building long-term partnerships that bring mutual economic benefits.
Al-Jabri emphasized that Iraq German investment cooperation remains vital for the country’s development strategy. Furthermore, he confirmed Iraq’s commitment to establishing transparent and investor-friendly regulations. By improving the business environment, Iraq seeks to attract more German investors into key sectors such as energy, infrastructure, and industry.
During the meeting, both parties discussed how to reduce investment risks highlighted by the Organisation for Economic Cooperation and Development. In addition, they reviewed mechanisms for joint cooperation that would support sovereign guarantees for international investors. As a result, these steps could significantly enhance investor confidence and increase capital inflow.
Representatives from Euler Hermes praised Iraq’s economic progress and underlined the importance of Iraq German investment cooperation for regional stability. They pointed out that Iraq’s growing financial reforms, combined with political stability, now create a secure foundation for trade expansion. Additionally, they expressed interest in exploring new business ventures that align with Germany’s long-term global strategy.
Al-Jabri also outlined Iraq’s efforts to diversify its economy beyond oil. Consequently, new government initiatives encourage innovation, technology transfer, and sustainable industrial growth. He urged German companies to seize opportunities in renewable energy, logistics, and manufacturing. Moreover, he assured them that Iraq guarantees full protection of investor rights under updated legal frameworks.
Both delegations agreed to continue their coordination through regular meetings and follow-up action plans. Therefore, they plan to expand cooperation in trade finance, export credit support, and project guarantees. These initiatives will help integrate Iraq into the global financial network while promoting balanced economic growth.
Ultimately, Iraq German investment cooperation serves as a cornerstone for Iraq’s long-term prosperity. Through collaboration, transparency, and innovation, both countries aim to strengthen their economic partnership and open new pathways for sustainable progress.