Iraq and Iran Build Economic Ties With the U.S. on the Sidelines

Baghdad is being urged to take sides in the U.S.-Iran confrontation that’s escalated into one of the Middle East’s top flash-points. President Donald Trump is pushing Iraq to stop buying natural gas and electricity from its neighbor. President Hassan Rouhani wants it to purchase more to ease the pain imposed by American sanctions.

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UK aid will help Iraq to rebuild.By Simon Rensch

The UK has become the first donor to a new fund aimed at reviving Iraq’s economy and rebuilding damaged hospitals, schools and infrastructure.

Minister for the Middle East Alistair Burt announced a new aid package that it is hoped will enable Iraqis displaced by conflict to return home and restart their lives.

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EU Signs Contracts of 57.5 Million Euros with UN to Support Mosul Recovery, Promises Additional 20 Million Euros Next Month

Baghdad, Iraq, 12 December 2018 – A delegation from the United Nations in Iraq and the European Union Mission to Iraq yesterday toured a number of EU-funded and UN implemented projects in Mosul, seeing first-hand the clearance, stabilization, rehabilitation and development work undertaken in the northern Iraqi city more than a year after its liberation from Da’esh. Illustrating the joint efforts in post-Da’esh Iraq, the EU signed a contract with the UN

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World Bank and European Union support Iraq’s Public Financial Management Systems and Institutions

Baghdad, September 16, 2018 – The World Bank Group and the European Union signed today a €15.6 million (US$18.1 equivalent) technical assistance program to strengthen public financial management (PFM) oversight and accountability Institutions in Iraq and increase the efficiency in the management of public resources and delivery of services.

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