14/2/2018 12:00 am
Announced the signing of a memorandum of understanding worth $ 3 billion with the Ministry of Finance
Kuwait / Morning follow-up
US Secretary of State Rex Tillerson announced the signing of a memorandum of understanding worth $ 3 billion to support Iraq in a number of projects, stressing the support of the US administration to Prime Minister Haider Abadiin the fight against corruption and terrorism.
"As President Trump said, we are committed to supporting the private sector in Iraq in the areas of import and export," Tillerson said in a speech at the Invest in Iraq conference in Kuwait. "A memorandum of understanding was signed between the US bank Exim and the Iraqi Ministry of Finance worth $ 3 billion American for a number of projects in the field of transport and other areas ».
"US companies have signed a $ 2 billion agreement on electricity in Iraq," Tillerson said. "Another $ 350 million project will be launched, along with several new projects."
Tillerson stressed that «the United States will remain the closest ally of Iraq, which has gone through important stages in its history and we support a stable Iraq», pointing at the end of his speech that «the US administration supports Abadi in the fight against corruption».
alsabaah.iq
