UK and Iraq boost cooperation on trade, growth and illegal migration
13 January 2025
The UK and Iraq have today agreed to boost cooperation on a range of issues, including trade, economic growth and illegal migration.
The two countries signed a memorandum of understanding (MoU) at the UK-Iraq Trade and Investment Forum in London. The MoU sets out a framework for cooperation in a number of areas, including:
- Trade and investment: The two countries agreed to work together to increase trade and investment between them. They will establish a joint trade and investment council to identify opportunities for collaboration.
- Economic growth: The UK and Iraq agreed to work together to promote economic growth in both countries. They will share best practices and expertise in areas such as infrastructure development, energy and agriculture.
- Illegal migration: The two countries agreed to work together to combat illegal migration. They will share intelligence and best practices, and will work to address the root causes of illegal migration.
The MoU was signed by UK Foreign Secretary James Cleverly and Iraqi Foreign Minister Fuad Hussein.
Foreign Secretary James Cleverly said:
“The UK and Iraq have a long and close relationship. Today’s MoU will strengthen our cooperation on a range of important issues, including trade, economic growth and illegal migration.”
“I am confident that this MoU will help to create a more prosperous and stable Iraq, and will benefit both our countries.”
Iraqi Foreign Minister Fuad Hussein said:
“Iraq and the UK have a shared interest in a stable and prosperous region. Today’s MoU will help us to work together to achieve these goals.”
“I am confident that this MoU will strengthen our relationship and will benefit both our countries.”
The UK-Iraq Trade and Investment Forum is a major event that brings together businesses from both countries to explore opportunities for collaboration. The forum is organised by the UK Department for International Trade and the Iraqi Ministry of Trade.
Additional information
The UK and Iraq have a long and close relationship. The two countries have worked together on a range of issues, including trade, security and development.
The UK is one of Iraq’s largest trading partners. In 2022, the UK exported goods and services to Iraq worth over £1 billion. The UK is also a major investor in Iraq, with investments in sectors such as oil and gas, infrastructure and healthcare.
The UK and Iraq are also working together to combat illegal migration. The two countries have signed a number of agreements on this issue, including a memorandum of understanding on the return of illegal migrants.
The UK is committed to supporting Iraq’s economic recovery and development. The UK is providing financial assistance to Iraq, and is also working with the Iraqi government to improve the country’s business environment.
UK and Iraq boost cooperation on trade, growth and illegal migration
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