Ziad Al-Hashemi's reading of the Washington summit
Trump dangled a "carrot" before al-Zaidi and will not hesitate to use a "stick" if he finds him weak – expert
Prime Minister Ali al-Zubaidi met on Wednesday (July 15, 2026) with Jordanian Foreign Minister Ayman Safadi in Washington to discuss ways to accelerate the implementation of the strategic Basra-Aqaba oil pipeline project and to complete the bilateral electricity interconnection project. He added that he had received an official invitation from King Abdullah II to visit Amman. He explained that the meeting focused on advancing economic partnership and coordinating diplomatic positions to enhance regional stability.
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The Prime Minister’s Media Office stated in a statement, a copy of which was received by 964 Network, that “Al-Zidi received today, Wednesday, at his residence in Washington, the Jordanian Foreign Minister, Mr. Ayman Safadi, on the sidelines of his official visit to the United States of America, during which His Excellency received an official invitation from His Majesty King Abdullah bin Al-Hussein II to visit the Kingdom.”
He added that “during the meeting, ways to develop bilateral relations were discussed, as well as the possibility of enhancing cooperation in various economic and development sectors, and proceeding with the implementation of the Basra-Aqaba oil pipeline project and completing the electrical interconnection project between the two countries, in a way that fulfills the aspirations and interests of the two brotherly peoples.”
He explained that “the meeting addressed developments in regional and international affairs, and views were exchanged on the most prominent issues of common interest, with emphasis on the importance of strengthening security and stability in the region, through supporting diplomatic options in resolving conflicts.”
He added that “for his part, the Jordanian Foreign Minister conveyed the greetings of the King of the Hashemite Kingdom of Jordan to the Prime Minister, and stressed his country’s keenness to enhance partnership opportunities and develop relations between the two countries.”
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Ziad Al-Hashemi's reading of the Washington summit
Trump dangled a "carrot" before al-Zaidi and will not hesitate to use a "stick" if he finds him weak – expert
In an analysis of the bilateral meeting between Iraqi Prime Minister Ali al-Zaidi and US President Donald Trump at the White House, economist Ziad al-Hashemi said that Trump is dangling the “carrot” of cooperation to al-Zaidi, considering it an opportunity to build a strong alliance, but he emphasizes that he will not hesitate to use the “stick” and strict pressures if the Iraqi government shows weakness in implementing the required commitments, especially regarding ridding Iraq of Iranian influences and disarming the factions, as he put it.
Al-Hashemi points out in a Facebook post, which was followed by 964 Network , that “Trump is using the carrot with the Iraqi Prime Minister, and is postponing the use of the stick until the direction and method of the Prime Minister’s behavior during the next stage becomes clear.”
He explains that “the United States used to invite Iraqi prime ministers after the change to visit the White House during the first months of their term, indicating Washington’s early desire to define the general outlines of the relationship with Baghdad politically, security-wise, and economically.”
He points out that “the controversial US president also followed this approach and made it clear that the development of the relationship between Washington and Baghdad will depend on raising the level of economic cooperation in conjunction with ridding Iraq of Iranian influences and disarming the factions.”
He adds: “The relationship with the United States is often costly and requires many changes and commitments in the areas of security, the economy and international relations, and the Iraqi government needs to do a lot to meet the requirements for American acceptance.”
Al-Hashemi pointed out that “the Iraqi Prime Minister seems very enthusiastic about raising the level of relations and cooperation with the Americans, but he wonders to what extent he will be able to meet the requirements for developing this relationship, as he is surrounded by a political and armed system that is hostile to the United States and has broad control over the ministries and institutions of his government.”
He concludes his post by saying that “the carrot will remain in Trump’s hands for a while, dangling it over the Iraqi government, but his eye is on the ‘stick,’ which is still within reach, and this president will not hesitate to use it if he finds that the person he met at the White House is merely a weak prime minister who is not fit to be a strong ally who can bring about the required change or reform in his country.”
In the world of politics and international relations, the term “carrot and stick” refers to a dual strategy that combines incentives and intimidation to achieve diplomatic gains. The “carrot” symbolizes the incentives and rewards that major powers offer to other countries (such as economic support, investments, or political support), while the “stick” represents the threat and strict pressure (such as economic sanctions, diplomatic isolation, or the threat of military action), a mechanism used to ensure that the other parties comply with the red lines and required conditions.
Minister of Trade: Talks in Washington focused on partnership and supporting Iraq's accession to the World Trade Organization
Trade Minister Mustafa Al-Ani confirmed on Wednesday that the White House talks focused on economic cooperation and future partnership between Baghdad and Washington, while noting that talks are underway for Iraq to join the World Trade Organization.
Al-Ani told the Iraqi News Agency (INA): “One of the most important stops on the visit was the meeting at the White House between Prime Minister Ali al-Zaidi and US President Donald Trump, where many issues related to future cooperation and partnership between Iraq and the United States were discussed, in addition to exploring ways of cooperation and removing obstacles for American investors.”
He added that "the official government delegation includes a select group of Iraqi businessmen with the aim of strengthening communication between the Iraqi private sector and its American counterpart, and will also hold a meeting with the American Chamber of Commerce to discuss a number of common issues."
He noted that "the delegation concluded meetings with a group of American companies to discuss prospects for future cooperation, particularly in areas that serve the Iraqi farmer, as it was agreed to present ideas clearly for study, interaction, and taking practical measures regarding them."
He explained that "these companies specialize in the fields of irrigation, transportation and vehicles, and some of their specializations may not be directly related to the Ministry of Trade, but they can contribute, through the Ministry, to supporting the rest of the Iraqi institutions."
He added, "The Minister of Trade heads the Iraqi side of the US-Iraq Business Council with regard to Iraqi businessmen, and the reactivation of agreements signed between Iraq and the United States and their implementation will be discussed."
He confirmed that "the talks will also include a request for US support for Iraq's accession to the World Trade Organization, after Iraq has completed all the requirements and is awaiting the organization's decision to approve its accession."
He explained that “Iraq’s accession to the World Trade Organization will have a positive impact on various economic aspects,” noting that “Iraq completed all its commitments during the fourth round of negotiations last year, and only the vote by the member states remains.”
He expressed his hope that "the United States will take a supportive stance towards Iraq joining the organization," noting that "the oil and energy sectors represent the most prominent aspects of this tour, as a number of contracts will be signed with American companies by the Ministries of Oil and Electricity."
He added, "The Development Fund was present in the discussions and is considered one of the most prominent outcomes of the visit, as it is hoped that it will contribute to the implementation of new projects that are not limited to the oil and energy sector, but extend to technology and others, thus enabling the transfer of American expertise to Iraq."
Al-Zaydi announces from Washington: The government is proceeding with the establishment of the development fund.
Announcedprime minister Ali Al-Zaidi, thatIraqi governmentContinuing to establishDevelopment FundMeanwhile, the president expressedWorld Bank Ajay BangaRegarding his admiration for what he achievedIraqDuring the recent period.
He confirmedprime ministerDuring the meeting, he said thatIraqToday, the country is witnessing a high level of stability, which will positively impact the economic and investment landscape,” he said, indicating that the Iraqi economy will achieve significant growth in light of the policies and reforms the government has begun implementing.
He noted that the government is giving special attention to reforming the banking sector and preparing a program-based budget to ensure that resources are directed efficiently towards achieving development and establishing a new economic identity for Iraq based on diversification, reform, and sustainability. He emphasized the government’s commitment to increasing oil production to meet development requirements, in parallel with developing non-oil sectors and enhancing their contribution to the economy.national economy
Al-Zaydi explained that "the government is proceeding with the establishment ofDevelopment FundThe bank will finance investment projects in all governorates, expand the scope of financing available to eligible Iraqi banks, and support and empower the Iraqi private sector to be a key partner in the development process.
For his part, the World Bank President expressed his admiration for Iraq's recent achievements in consolidating stability and peace, emphasizing that Iraq possesses significant potential and resources capable of bringing about a broad economic transformation if properly utilized.
Banga expressed the World Bank's readiness to provide technical and advisory support to Iraq in the areas of program budgeting and banking sector restructuring. He also called for a study on establishing a large Iraqi banking holding company through the merger of several state-owned banks, which would contribute to enhancing the efficiency of the financial sector and supporting the economic reform process.
The 2027 budget is moving towards restructuring its priorities after the Washington talks... Investment takes precedence over spending.
The Prime Minister's financial advisor, Mazhar Muhammad Salih, revealed on Wednesday that the results of the Iraqi delegation's visit to the United States will directly impact the 2027 program budget. This will be achieved through the inclusion of new strategic projects and a reordering of investment spending priorities, coinciding with the expansion of economic partnerships with Washington in the energy, technology, and financial reform sectors. Experts believe this move could establish a new phase in public finance management.
Salih told Al-Mada newspaper, "The Iraqi delegation's visit to the United States addressed strategic economic and financial matters, most notably strengthening investment partnerships and expanding cooperation in the energy and advanced technology sectors, as well as discussing mechanisms to support economic and financial reforms."
He explained that "the agreements and understandings currently being worked on will directly influence the structure of the 2027 program budget, whether through the creation of new spending programs, the reordering of investment priorities, or the allocation of funds for joint projects, in line with the goals of development and economic reform."
He added that “cooperation with the United States is not limited to investment, but also includes developing public financial management, digital transformation, building institutional capacities, benefiting from international expertise in preparing and implementing program budgets, and enhancing the efficiency of public spending.”
Saleh emphasized that “the Prime Minister’s visit represents a foundational point for a new phase in Iraqi-American economic relations, based on expanding strategic partnerships, starting with energy and advanced technology, and extending to technical cooperation and knowledge transfer.”
He pointed out that “the economic, financial, and investment agreements expected to be concluded will be transformed into policies and programs within the 2027 state budget, particularly in the investment and financing aspects, in a way that supports economic growth, diversifies sources of income, raises the efficiency of public spending, and contributes to achieving the Sustainable Development Goals and Iraq Vision 2050.”
For his part, economic expert Dawood Al-Halfi believes that the success of the visit could change the philosophy of the upcoming budget, stressing that any budget not based on investment programs and clear development plans becomes a budget for managing the state’s affairs, not a tool for building a productive economy.
Al-Halfi told Al-Mada that “the understandings being negotiated in Washington are not limited to investment contracts, but aim to generate new revenue streams for the public treasury through projects in gas, oil, electricity, and ports, as well as cooperation on monetary and financial matters, which will contribute to the stability of the Iraqi economy.”
He added that “genuine investment must generate returns for the state before the investor,” calling for the adoption of an investment partnership model that grants Iraq a share of project revenues, instead of simply providing land or facilities without direct economic returns.
He explained that “this model will give the 2027 budget greater stability and provide additional resources to finance projects and services, moving away from complete dependence on oil revenues or operational spending.” Al-Halfi emphasized that the government’s success in attracting international companies also depends on providing a stable security environment capable of attracting foreign capital, noting that the influx of foreign investment will contribute to creating job opportunities, increasing liquidity, and stimulating economic activity.
He concluded by saying that “the success of the understandings with Washington will make the 2027 budget a budget of programs, projects, and development, not just an expenditure budget, which represents a transformation in public financial management if the agreements are implemented on the ground.”
Parliamentary Finance Committee: The 2027 budget may reach 200 trillion dinars
The parliamentary finance committee predicted that the 2027 budget would reach about 200 trillion dinars, distributed as 150 trillion dinars for the line item budget and 50 trillion dinars for the program and project budget, within the framework of a government trend to move to a program budget and link public spending to goals and results.
Jamal Kojar, a member of the parliamentary finance committee, told the official newspaper that the program-based budget the government intends to adopt represents a qualitative leap in public spending management. He explained that ministerial activities will be transformed into clear and specific programs, such as staff training and service development programs, instead of simply requesting financial allocations without defining the expected outcomes. He added that each ministry will be bound by a specific plan and objectives, facilitating the monitoring of spending and holding implementing entities accountable for results. He noted that this mechanism is more advanced than the previously adopted line-item budget.
Kujer explained that "the success of the experiment depends on its proper implementation and effective oversight," warning that it could turn into an avenue for corruption if proper implementation is lacking.
He pointed out that "the government intends to send the draft budget for 2027 to the House of Representatives during the coming month of October, indicating that this timing will allow, if adhered to, the budget to be approved at the beginning of the fiscal year for the first time in years.
Regarding the financial situation, Kojer confirmed that "the government is considering several options to address any decrease in oil revenues, including borrowing and developing land-based oil export pipelines via Banias, Aqaba, and Ceyhan, to serve as alternatives in case maritime exports through the Strait of Hormuz are disrupted." On the issue of funds recovered from corruption cases, Kojer explained that they "will be deposited in a special fund established by the government to manage and preserve them transparently, ensuring clarity regarding how they will be used in the future."
Iraq orders banks to enforce Hezbollah-linked sanctions
Iraq's Ministry of Finance has directed all banks and affiliated state bodies to enforce US sanctions imposed separately on a network of individuals and companies linked to ISIS and Hezbollah, the Lebanese Shiite political and armed movement
According to official documents reviewed by Shafaq News, the circular instructs the institutions to take the measures required under US Executive Order 13224, the American counterterrorism sanctions authority.
The directive was sent to banks, departments, bodies, and companies operating under the ministry, instructing them to act against the designated persons and entities. It followed a designation announced by the US Treasury's Office of Foreign Assets Control (OFAC) in June 2026.
Based on the documents, the circular was issued by the Director General of the Economic Department and the head of the Iraqi Fund for External Development, a state body that manages Iraq's external development financing.
The Designated Network
The US designation names three individuals. Sleiman Antoine Frangie, as head of Lebanon's Marada Movement, a Lebanese political party, was accused of maintaining close ties with Hezbollah and using his political influence to secure economic benefits that serve the group. It identified Mahmoud Qmati as deputy head of Hezbollah's political council, and Wael Costanteen as chief executive of Al Shafa Administrative Services Limited, whom the Treasury accused of managing a financing network tied to a figure it named as Alaa Hasan Hamiyah.
Five entities appear on the list. They include Al Shafa Administrative Services Limited, also identified as HEAL, an administrative services firm the documents say was registered in Baghdad on June 29, 2025 under registration number 30787; Globe Technology Providers SARL, a Lebanese information technology and telecommunications company; Globe International SPC, registered in Oman; Al-'Ahd Company for Trade and Investment, a Syrian trade and investment firm; and Tyke SAL, a Lebanese wholesale trading company. The Treasury described the companies as part of a commercial and financial network supporting Hezbollah, according to the documents.
Legal Effects
Under the US measures, all assets belonging to the designated individuals and entities within American jurisdiction are frozen, and US persons and institutions are barred from dealing with them. The Treasury may also impose secondary sanctions on foreign financial institutions that facilitate transactions for the designated parties, whether directly or indirectly.
The transmittal from the Ministry of Finance carried a ministerial margin annotation dated July 7, 2026, directing the relevant bodies to act on the circular.
Earlier Moves
Iraq previously added Hezbollah and Yemen’s Houthi movement (Ansarallah) to its terrorism-finance blacklist, to align with UN Security Council sanctions and global counterterrorism standards.
The designations were issued by the Committee for Freezing Terrorist Funds and published in the Official Gazette Al-Waqai Al-Iraqiya (Issue 4848) on 17 November 2025.
The measures were grounded in the Anti-Money Laundering and Counter-Terrorism Financing Law No. 39 of 2015, the Freezing of Terrorist Funds Bylaw No. 6 of 2023, and UN sanctions frameworks targeting ISIS, al-Qaeda, and affiliated networks.
A senior government official told Shafaq News at the time that the move reflects Baghdad’s effort to bring its regulatory and oversight systems in line with Financial Action Task Force (FATF) requirements and to meet its international obligations on counterterrorism.
Less than a week later, the Committee for Freezing Terrorist Funds revised the designation after determining that two entries had been included “by mistake.”
The Iraqi Ministry of Finance imposes sanctions against networks that finance and provide financial support to ISIS and Hezbollah.
An official document issued by the Iraqi Ministry of Finance on Wednesday revealed new banking directives imposing sanctions on ISIS financing networks and individuals and entities linked to the Lebanese Hezbollah, based on decisions by the US Treasury.
The document issued by the Iraqi Fund for External Development, which is affiliated with the Ministry and was reviewed by Kurdistan24, stated that the procedure comes in accordance with two official letters issued by the Ministry of Foreign Affairs/America Department on June 30, and the office of the Minister of Finance in early July.
The document explained that the US Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on three individuals and six entities in Europe, the Middle East, and West Africa for facilitating financial transfers to ISIS.
The decisions also included a number of entities linked to Hezbollah under the amended US Executive Order No. (13224) on combating terrorism, with the aim of pursuing and targeting the financing and logistical support networks on which the party depends.
According to the document signed by the head of the Iraqi Fund for External Development, Dhafer Mahdi Abdullah, and the acting Director General of the Economic Department, Nadia Rashid Ali, the decision was circulated to the departments, banks, bodies and companies affiliated with the Ministry of Finance for review and to take the necessary measures.
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The Prime Minister holds a meeting with the Chairman and members of the Foreign Affairs Committee of the US House of Representatives.
Prime Minister Ali Faleh al-Zaidi met on Wednesday in Washington, D.C., with a number of former U.S. ambassadors to Iraq to discuss the future of bilateral relations and developments in Iraq and the region.
The Prime Minister’s Media Office stated in a statement that the meeting addressed ways to develop Iraqi-American relations in various fields, in addition to discussing regional developments and the importance of strengthening joint cooperation in a way that serves the interests of the two countries and the two friendly peoples.
Al-Zaydi stressed Iraq’s keenness to build balanced and sustainable relations with the United States, based on common interests and mutual respect, noting that the government continues to implement its program aimed at consolidating security and stability, strengthening the rule of law, combating corruption, and supporting development and economic reform paths.
The statement added that the Prime Minister listened to the views of former US ambassadors on the future of relations between Baghdad and Washington, in light of their diplomatic experiences in Iraq, stressing the importance of benefiting from these experiences to enhance understanding and expand the
prospects of cooperation between the two countries.
The Prime Minister meets with the Speaker of the US House of Representatives, Mike Johnson.
The Prime Minister meets with the Speaker of the US House of Representatives, Mike Johnson.
Prime Minister Ali Faleh al-Zaidi met with US House Speaker Mike Johnson at the Capitol.
The Prime Minister's Media Office stated in a press release received by the Iraqi News Agency (INA) that "Prime Minister Ali Faleh al-Zaidi met with US House Speaker Mike Johnson at the Capitol."
Al-Zaidi meets with the Chairman of the Senate Foreign Relations Committee
Prime Minister Ali Faleh al-Zaidi met on Wednesday with Senator Jim Risch, Chairman of the Senate Foreign Relations Committee, as part of his official visit to Washington, D.C.
The Prime Minister’s Media Office stated in a statement received by Kalima News that Al-Zaidi held a meeting with Senator Jim Risch at the US Congress building.
Al-Zaidi from the US Congress: We want to build balanced foreign relations and attract foreign investment.
Prime Minister Ali al-Zaidi affirmed on Wednesday that his government is moving towards building balanced foreign relations and working to enhance the environment that attracts foreign investment.
The Prime Minister’s Media Office stated in a statement received by Shafaq News Agency that Al-Zaidi met at the US Congress building with the Chairman of the Foreign Affairs Committee, Brian Mast, and members of the committee from both the Republican and Democratic parties, as part of his official visit to the US capital, Washington.
The meeting witnessed discussions on formulating joint and constructive visions for steps to develop Iraqi-American relations in various levels and fields.
According to the statement, Al-Zaydi stressed that "the government is proceeding with its program for economic reform and revitalizing sectors with investment appeal, as well as strengthening the capabilities of our security forces and the policy of not keeping any weapons outside the control of the state."
He indicated that the government is pursuing a balanced foreign relations approach, promoting a favorable investment environment, and reforming and developing the financial and banking sectors, which paves the way for more American companies to operate in Iraq.
For their part, members of the Foreign Affairs Committee stressed their support for all economic and political partnerships with Iraq, and for supporting efforts from both sides to strengthen relations, expand investments, economic partnerships and financing partnerships between Iraq and the United States, stressing the importance of the pivotal role that Iraq plays in consolidating stability in the region.
Al-Zaidi arrived in the US capital, Washington, on Monday, at the head of a high-level delegation that included a number of ministers, officials, investors and business owners, for an official visit that will last for seven days.
On Tuesday evening, an informed source revealed that Iraq will sign more than 18 agreements with the United States in various fields, while indicating that there are agreements ready that will be signed soon.
The source told Shafaq News Agency that "Prime Minister Ali al-Zubaidi's visit will result in the signing of more than 18 partnership agreements in various fields, including politics, economy, industry, energy, oil, education, health, investment and armament, and that these agreements will strengthen the partnership between Iraq and the United States."
He added that “Iraq is looking to establish a development fund in one of the American banks, not in the Federal Reserve Bank. According to initial data, the fund will be financed from the revenues of oil exported to the United States, in an amount of up to 500,000 barrels per day, which makes the value of the fund’s financing reach one trillion dollars, to finance investment projects and infrastructure projects, foremost among them electricity projects and other importantprojects.”
The US Department of Defense sets a date for ending the international coalition's mission in Iraq.
The US Department of Defense confirmed on Wednesday (July 15, 2026) that the international coalition's mission in Iraq will end at the end of next September.
The ministry said in a statement received by Baghdad Today: “Secretary of Defense Pete Hegseth met at the Pentagon – following meetings in the Oval Office – with Iraqi Prime Minister Ali al-Zaidi to discuss the international coalition to defeat ISIS, ending the mission of Operation Inherent Resolve from Iraq, and the future of US-Iraqi relations.”
According to the statement, Secretary Hegseth reaffirmed "the United States' commitment to the full implementation of the joint statement issued in September 2024, which announced the timeline for ending the military mission of the international coalition to defeat ISIS in Iraq, and ending the mission of Operation Inherent Resolve operating from Iraq by September 30."
The minister welcomed "the initiative led by the Iraqi government to restrict weapons, to affirm Iraq's sovereignty and the supreme democratic authority of its leadership over all armed groups."
The international coalition thwarted an attack on Erbil, shooting down eight explosive-laden drones in 27 minutes.
The Counter-Terrorism Service in the Kurdistan Region (CTD) announced on Wednesday evening (July 15, 2026) that the international coalition forces were able to intercept and destroy eight booby-trapped drones in the skies of the capital, Erbil, without any casualties.
The agency explained in an official statement, a copy of which was received by 964 Network, that the operation to counter and end the air attack took place in just 27 minutes, specifically between 8:53 PM and 9:20 PM local time, confirming that the coalition forces’ air defenses succeeded in shooting down all the booby-trapped aircraft before they achieved their objectives.
Eyewitnesses in Erbil reported on Wednesday evening (July 15, 2026) hearing explosions in the city's sky, while a security source confirmed that air defenses had intercepted a drone attack targeting Erbil Airport.
The director of Erbil International Airport, Ahmed Hoshyar, confirmed that the airspace in the capital Erbil is safe and fully open to air traffic, stressing that flights are proceeding according to their usual schedule without any interruption or delay.
The US Central Command (CENTCOM) announced on Wednesday evening (July 15, 2026) the launch of the second wave of strikes against Iran, stating that the strikes target Iranian military capabilities used to threaten ships passing through the Strait of Hormuz.
Al-Zidi and Al-Safadi meet in Washington: Accelerating the Basra-Aqaba pipeline and electrical interconnection
Prime Minister Ali al-Zubaidi met on Wednesday (July 15, 2026) with Jordanian Foreign Minister Ayman Safadi in Washington to discuss ways to accelerate the implementation of the strategic Basra-Aqaba oil pipeline project and to complete the bilateral electricity interconnection project. He added that he had received an official invitation from King Abdullah II to visit Amman. He explained that the meeting focused on advancing economic partnership and coordinating diplomatic positions to enhance regional stability.
The Prime Minister’s Media Office stated in a statement, a copy of which was received by 964 Network, that “Al-Zidi received today, Wednesday, at his residence in Washington, the Jordanian Foreign Minister, Mr. Ayman Safadi, on the sidelines of his official visit to the United States of America, during which His Excellency received an official invitation from His Majesty King Abdullah bin Al-Hussein II to visit the Kingdom.”
He added that “during the meeting, ways to develop bilateral relations were discussed, as well as the possibility of enhancing cooperation in various economic and development sectors, and proceeding with the implementation of the Basra-Aqaba oil pipeline project and completing the electrical interconnection project between the two countries, in a way that fulfills the aspirations and interests of the two brotherly peoples.”
He explained that “the meeting addressed developments in regional and international affairs, and views were exchanged on the most prominent issues of common interest, with emphasis on the importance of strengthening security and stability in the region, through supporting diplomatic options in resolving conflicts.”
He added that “for his part, the Jordanian Foreign Minister conveyed the greetings of the King of the Hashemite Kingdom of Jordan to the Prime Minister, and stressed his country’s keenness to enhance partnership opportunities and develop relations between the two countries.”
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These are the correct words for the start article
Ziad Al-Hashemi's reading of the Washington summit
Trump dangled a "carrot" before al-Zaidi and will not hesitate to use a "stick" if he finds him weak – expert
In an analysis of the bilateral meeting between Iraqi Prime Minister Ali al-Zaidi and US President Donald Trump at the White House, economist Ziad al-Hashemi said that Trump is dangling the “carrot” of cooperation to al-Zaidi, considering it an opportunity to build a strong alliance, but he emphasizes that he will not hesitate to use the “stick” and strict pressures if the Iraqi government shows weakness in implementing the required commitments, especially regarding ridding Iraq of Iranian influences and disarming the factions, as he put it.
Al-Hashemi points out in a Facebook post, which was followed by 964 Network , that “Trump is using the carrot with the Iraqi Prime Minister, and is postponing the use of the stick until the direction and method of the Prime Minister’s behavior during the next stage becomes clear.”
He explains that “the United States used to invite Iraqi prime ministers after the change to visit the White House during the first months of their term, indicating Washington’s early desire to define the general outlines of the relationship with Baghdad politically, security-wise, and economically.”
He points out that “the controversial US president also followed this approach and made it clear that the development of the relationship between Washington and Baghdad will depend on raising the level of economic cooperation in conjunction with ridding Iraq of Iranian influences and disarming the factions.”
He adds: “The relationship with the United States is often costly and requires many changes and commitments in the areas of security, the economy and international relations, and the Iraqi government needs to do a lot to meet the requirements for American acceptance.”
Al-Hashemi pointed out that “the Iraqi Prime Minister seems very enthusiastic about raising the level of relations and cooperation with the Americans, but he wonders to what extent he will be able to meet the requirements for developing this relationship, as he is surrounded by a political and armed system that is hostile to the United States and has broad control over the ministries and institutions of his government.”
He concludes his post by saying that “the carrot will remain in Trump’s hands for a while, dangling it over the Iraqi government, but his eye is on the ‘stick,’ which is still within reach, and this president will not hesitate to use it if he finds that the person he met at the White House is merely a weak prime minister who is not fit to be a strong ally who can bring about the required change or reform in his country.”
In the world of politics and international relations, the term “carrot and stick” refers to a dual strategy that combines incentives and intimidation to achieve diplomatic gains. The “carrot” symbolizes the incentives and rewards that major powers offer to other countries (such as economic support, investments, or political support), while the “stick” represents the threat and strict pressure (such as economic sanctions, diplomatic isolation, or the threat of military action), a mechanism used to ensure that the other parties comply with the red lines and required conditions.
Al-Zaidi's visit to Washington was a success by all measures, and Iraq is on the verge of an economic revival.
Economic expert Dr. Safwan Qusay confirmed that the Prime Minister’s reception at the White House carries important economic implications and sends positive messages regarding Iraq’s status as an economic and financial partner.
Qusay told Iraq Observer that “the next phase may witness broader cooperation with the United States in the areas of developing the financial sector, globalizing Iraqi banks, the stock market and insurance companies, in coordination with the US Treasury Department and the Federal Reserve.”
He added that “there are strategic files awaiting the entry of American companies, most notably the investment in associated gas, enhancing energy security, increasing oil exports, in addition to diversifying export outlets through the Syrian port of Banias or the Jordanian port of Aqaba, as well as the project to link Basra oil with Kirkuk oil, which contributes to maintaining export levels and expanding them towards European markets.”
He pointed out that “Iraq is looking forward to building economic partnerships that contribute to diversifying sources of income, proposing the establishment of an economic fund in cooperation with American companies, with the possibility of exporting at least 500,000 barrels of oil per day to the United States, which would allow the use of oil revenues to support economic diversification projects and promote sustainable growth.”
Reuters: No clarification from Trump regarding "taking oil" from Iraq in exchange for deals - Breaking
US President Donald Trump, ahead of his meeting with Iraqi Prime Minister Ali al-Zaidi in Washington, declared that Iraq is "an oil-rich country with tremendous potential," stressing that the United States intends to make "many deals" with Baghdad, adding: "We will take a lot of oil in return."
According to Reuters , as translated by Baghdad Today, Trump and the American officials contacted by the agency did not clarify what was meant by obtaining oil in exchange for deals, suggesting that his statements likely referred to arrangements under which American companies would receive oil instead of financial payments for some of the contracts or projects they implement in Iraq.
Trump asserted that the anticipated deals with Iraq would provide "tremendous job opportunities" in both Iraq and the United States, noting that large quantities of Iraqi oil are currently being extracted, and that a significant portion of the production operations are carried out by American companies.
The US president’s remarks coincided with Prime Minister Ali Faleh al-Zaidi’s visit to Washington, where he held a series of meetings with US administration officials, including US Defense Secretary Pete Hegseth, to discuss bilateral cooperation, primarily security and economic aspects.
The Prime Minister's visit to Washington comes as part of efforts to strengthen Iraqi-American relations and expand cooperation in the fields of energy, investment and security.
The oil sector is one of the most prominent pillars of the economic partnership between the two countries, as American companies continue to work on developing a number of Iraqi oil fields.
Al-Ani reveals the outcomes of the White House talks regarding the Iraqi economy.
Al-Ani reveals the outcomes of the White House talks, explaining that the meetings addressed supporting American investors, revitalizing the joint business council, and establishing new projects within a long-term economic vision.
Trade Minister Mustafa Al-Ani confirmed on Wednesday that the White House talks focused on economic cooperation and future partnership between Baghdad and Washington. He also indicated that talks are underway for Iraq to join the World Trade Organization.
Al-Ani said : “One of the most important stops on the visit was the meeting at the White House between Prime Minister Ali al-Zaidi and US President Donald Trump, where many issues related to future cooperation and partnership between Iraq and the United States were discussed, in addition to exploring ways of cooperation and removing obstacles for American investors.”
He added that “the official government delegation includes a select group of Iraqi businessmen with the aim of strengthening communication between the Iraqi private sector and its American counterpart, and will also hold a meeting with the American Chamber of Commerce to discuss a number of common issues.”
Prospects for future cooperation
He noted that “the delegation concluded meetings with a group of American companies to discuss prospects for future cooperation, particularly in areas that serve the Iraqi farmer, as it was agreed to present ideas clearly for study, interaction, and taking practical measures regarding them.”
He explained that “these companies specialize in the fields of irrigation, transportation and vehicles, and some of their specializations may not be directly related to the Ministry of Trade, but they can contribute, through the Ministry, to supporting the rest of the Iraqi institutions.”
He added, “The Minister of Trade heads the Iraqi side of the US-Iraq Business Council with regard to Iraqi businessmen, and the reactivation of agreements signed between Iraq and the United States and their implementation will be discussed.”
He confirmed that “the talks will also include a request for US support for Iraq’s accession to the World Trade Organization, after Iraq has completed all the requirements and is awaiting the organization’s decision to approve its accession.”
He explained that “Iraq’s accession to the World Trade Organization will have a positive impact on various economic aspects,” noting that “Iraq completed all its commitments during the fourth round of negotiations last year, and only the vote by the member states remains.”
He expressed his hope that “the United States will take a supportive stance towards Iraq joining the organization,” noting that “the oil and energy sectors represent the most prominent aspects of this tour, as a number of contracts will be signed with American companies by the Ministries of Oil and Electricity.”
He added, “The Development Fund was present in the discussions and is considered one of the most prominent outcomes of the visit, as it is hoped that it will contribute to the implementation of new projects that are not limited to the oil and energy sector , but extend to technology and others, thus enabling the transfer of American expertise to Iraq.”
The US Department of Defense announces the end of the "international coalition" mission in Iraq at the end of next September.
The US Department of Defense
confirmed that the international coalition's mission in Iraq will end at the end of September.
In a statement carried by the Al-Maalomah news agency, the department said that Secretary of Defense Pete Higseth met at the Pentagon—following meetings in the Oval Office—with Iraqi Prime Minister Ali al-Zubaidi to discuss the international coalition's efforts to defeat ISIS, the end of Operation Inherent Resolve's mission in Iraq, and the future of US-Iraqi relations.
The statement affirmed the United States' commitment to the full implementation of the joint statement issued in September 2024, which outlined the timeline for ending the international coalition's military mission to defeat ISIS in Iraq and concluding Operation Inherent Resolve's mission in Iraq by September 30.
What is the connection of the American company "Oliver Wyman" to the issue of Iraqi banks subject to sanctions?
Economic expert Mustafa Faraj raised questions on Tuesday regarding the role of the American company Oliver Wyman in the case of Iraqi banks subject to sanctions, emphasizing that a large number of them adhere to international banking standards despite the continued restrictions imposed on them.
Faraj told the Information Agency that "the US Federal Reserve controls the banking system in Iraq, while Washington has imposed sanctions on more than 30 private banks under the pretext of violating banking regulations."
He added that "about 80 percent of the banks that were sanctioned are fully compliant with international banking regulations, yet the US sanctions have not been lifted from them to date."
He explained that "the American company Oliver Wyman is responsible for reviewing all procedures related to the sanctioned Iraqi banks, but it has not worked to lift these restrictions despite the fact that most banks comply with the regulations and instructions."
He pointed out that "the United States dominates the financial and banking sector in Iraq by controlling the dollar and influencing exchange rates in the parallel markets, which causes economic instability and negatively impacts the investment climate." He emphasized that "this banking chaos is driving investors away from investing in the Iraqi banking sector."
It is worth noting that the Central Bank of Iraq contracted with Oliver Wyman to conduct a comprehensive review of the situation of private banks, particularly those restricted or prohibited from dealing in dollars, with the aim of developing technical solutions for their reintegration into the international financial system.
The parliamentary finance committee is finalizing the closing accounts for the years 2012-2015
The Parliamentary Finance Committee announced that it has completed the procedures for the draft laws on the final accounts for the years 2012, 2013, 2014, and 2015, and has submitted them to the Speaker of Parliament for inclusion on the session agenda, after their approval by a majority within the committee.
The committee called on the Council of Ministers to expedite the completion and approval of the final accounts for the years 2016 through 2025 and send them to Parliament, in order to end the delays and complete oversight of public spending.
She emphasized: "The approval of the final accounts does not mean dismissing or overlooking any violation or transgression mentioned in the reports of the Financial Control Bureau, and all observations will remain subject to follow-up and accountability in accordance with the law."
Draft Law on Final Accounts for the 2012-2013-2014-2015 Budgets
https://drive.google.com/file/d/1ExMLclUPhOd6Su4feT19b45nLLcAxnTS/view?usp=drivesdk
