Redevelopment of Iraq’s industrial sector after decades of conflict, sanctions, underinvestment, corruption and poor management is challenging. We welcome Iraqi efforts to improve infrastructure, pass key legislation, such as the Investment Law, and increase budgetary allocations to key Government Ministries eg Ministry of Industry and Minerals.
The UK and our partners continue to support investment, job creation and economic reconstruction through Provincial Reconstruction Teams, international compact, and UK-inspired Basra Economic Package.