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Defense Politics Asia @DefensePolitics on x 42.2K followers
Created: 2025-07-24 18:35:48 UTC
🇮🇶 Iraq's Political and Economic Developments
Recent headlines reveal significant political and economic developments in Iraq. Notably, Iraqi Resistance leaders have accused the United States of "blatant interference" regarding legislation related to the Popular Mobilization Forces (PMF). This comes amid ongoing tensions regarding U.S. influence in Iraqi politics and security strategies.
In the economic realm, Iraq is making strides toward sustainability and energy diversification. RT Bank has launched green energy loans to promote renewable energy projects across the country, aligning with Iraq's goal to produce XXXXXX megawatts from renewable sources. Additionally, the Basra region is advancing its infrastructure with new gas processing facilities aimed at reducing emissions.
The Iraqi government is also focused on enhancing its economic ties with international partners, evidenced by a significant $XXX billion worth of goods shipped from China to Iraq in the first half of 2025. Meanwhile, Iraq's stock exchange has seen substantial trading activity, indicating a robust financial environment.
In terms of governance, the Iraqi election commission has pledged full access for monitors ahead of the upcoming elections, reflecting a commitment to transparency and fairness in the electoral process. Furthermore, the State of Law coalition has announced its pick for the Baghdad Governor, which may influence local governance and political dynamics.
Iraq is also addressing its legal and legislative frameworks, with Iraqi MPs supporting a federal court decision concerning the Khor Abdullah waterway, and efforts underway to push for changes to the "humiliating" Kuwait Agreement. Additionally, the government is modernizing infrastructure, including the Dora thermal power plant, to boost energy production capacity.
As Iraq navigates these complex political landscapes and economic challenges, the focus remains on fostering stability and growth through effective governance and international cooperation.
Sources: Shafaq News, Iraqi News, The New Arab, Mehr News Agency, Channel NewsAsia, Jerusalem Post
~ DPA Newsroom
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