Iraq and UK to Announce Export Package Worth Ten Times Last Year’s Trade Volume

Baghdad-INA

British Prime Minister Keir Starmer confirmed the imminent announcement during his meeting with Prime Minister Mohammed Shi'a Al-Sudani to increase the volume of trade exchange with Iraq by more than 10 times.

“British Prime Minister Keir Starmer will host Prime Minister Mohammed Shi'a al-Sudani today for talks on repatriating migrants and announcing an export deal,” the British government website said in a report followed by the Iraqi News Agency –INA.
 
British Prime Minister Keir Starmer said"Today marks a new era in UK-Iraq cooperation, which will deliver mutual benefits from trade to defence, as we continue to work together towards stability in the wider region".

 He said “It’s clear that Iraq shares our priority of delivering economic growth and the £12.3 billion export package being unveiled today offers huge opportunities for British businesses, representing a step-change in the trade and investment relationship between our two countries”.

The statement further added ,”Secure borders are a vital foundation of our Plan for Change, so I am also very pleased get started on talks for a bespoke returns agreement between our countries. The deal will help dismantle the people smugglers’ business model by sending the clear message that if you come here illegally, you cannot expect to stay”.

The leaders will sign a milestone Partnership and Cooperation Agreement, leveraging UK private sector expertise on water, energy, telecoms, and defense infrastructure to secure future investment projects and major opportunities for British business.