U.S., Iraq Sign Pivotal Trade Memorandum of Understanding

U.S. Embassy Baghdad's Media

U.S. and Iraq's delegations.

The United States (U.S.) Chamber of Commerce and the Federation of Iraqi Chambers of Commerce signed a pivotal memorandum of understanding in efforts to strengthen ties between the U.S. and Iraqi private sectors, the U.S. Embassy in Baghdad announced on Monday, 7 April 2025.

"The U.S. Chamber of Commerce and the Federation of Iraqi Chambers of Commerce signed a pivotal memorandum of understanding to strengthen ties between the U.S. and Iraqi private sectors," the U.S. Embassy Baghdad said in a statement.

"This partnership will foster long-term economic collaboration," it added.

The US Embassy in Baghdad announced earlier on Monday, the arrival of a trade mission of 60 companies to Baghdad. 
 
The embassy stated in a statement received by the Iraqi News Agency (INA), that the American Chamber of Commerce, headed by Steve Lutes, led the delegation of 101 members from approximately 60 American companies in the energy, technology, and health sectors to Iraq this week.

The embassy noted that "this is the first trade mission approved by the U.S. Department of Commerce to Iraq and the largest U.S. trade mission to Iraq in the Chamber's history."
 
"During the visit, which extends from April 7 to 9, the delegation will meet with high-level Iraqi officials, communicate with Iraqi companies, and sign a number of agreements."
 
"We are here tonight to focus on one goal: strengthening trade partnerships," said U.S. Chargé d'Affaires to Iraq Daniel Rubinstein, according to the statement, in his remarks during a reception honoring the trade mission.

Rubinstein emphasised: "The U.S. Chamber of Commerce provides a platform for creating and implementing new ideas aimed at establishing trade partnerships and policies that influence the thinking of governments and business leaders in both countries."

Rubinstein pointed out that "for more than a decade, the Chamber has regularly visited Iraq and hosted Iraqi government delegations in the United States." He also noted that "during this visit, the U.S. Chamber of Commerce will sign a memorandum of understanding with the Federation of Iraqi Chambers of Commerce to strengthen relations between the American and Iraqi private sectors."



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