Iraq has signed 48 agreements and partnership deals with American companies across various sectors, including oil and electricity, during a visit to Washington by Prime Minister Ali al-Zaidi, according to his office. The deals aim to support Iraq’s efforts to rebuild its economy amid ongoing challenges such as infrastructure deficits, inefficient public services, mismanagement, and widespread corruption.
The agreements were formalized during Zaidi’s discussions with U.S. counterparts in the week of July 19, 2026. Several contracts involve major energy firms such as ExxonMobil, KBR, GE Vernova, Shell, and Halliburton. Among the projects is the construction of a significant crude oil pipeline connecting Iraq with Syria, which is expected to enhance regional export capacity.
In addition to the energy sector, Iraq signed a deal with Starlink, a leading provider in global satellite communications, to introduce advanced connectivity services within the country. This move aims to improve Iraq’s telecommunications infrastructure, which has been hampered by years of conflict and instability.
Prime Minister Zaidi, a businessman who assumed office earlier this year with the support of the United States after then-President Donald Trump vetoed another candidate, was commended by Trump during their White House meeting. Trump described Zaidi as a “champion” amid efforts to revitalize Iraq’s economy and restore stability.
Zaidi has committed to strengthening Iraq’s fragile economy and reducing the influence of pro-Iran armed groups that have targeted U.S. installations. Iraq’s government continues to navigate a complex geopolitical landscape, balancing its relationships with both the United States and neighboring Iran, amid ongoing regional tensions.
The new agreements reflect Iraq’s strategic push to attract foreign investment and international partnerships as it seeks to recover lost oil revenues disrupted by the broader Middle East conflict. They also signal a renewed willingness to collaborate with U.S. companies to modernize critical infrastructure in the war-affected nation.
