Iraq Signs 48 Deals with US Companies During PM's Visit

Iraq. During Prime Minister Ali al-Zaidi's visit to America, Iraq signed 48 agreements and partnerships with American companies. Most of these agreements are related to the oil sector, the Prime Minister's office said on Saturday.

Despite being rich in oil resources, Iraq has been affected by decades of war and political instability. The country's economic reform has become challenging due to weak infrastructure, lack of public services, managerial weaknesses, and corruption.