ITA Focused on Expanding U.S. Business Opportunities in IraqMarch 19, 2014
Kevin Reichelt is an International Trade Specialist with the International Trade Administration’s Iraq and Afghanistan Investment and Reconstruction Task Force.
Nearly four years after the end of military operations, Iraq has become an important destination for U.S. merchandise exports. U.S. exports to Iraq topped $2 billion in 2013, and U.S. companies invested more than $1.2 billion in Iraq.
The U.S.-Iraq Business Dialogue (USIBD) continues to support expanding the U.S.-Iraq commercial relationship by increasing U.S. exports and creating jobs in both countries.
Acting Under Secretary for International Trade Ken Hyatt and officials from Iraq’s Ministry of Trade convened an USIBD executive committee in Washington on March 4. Their discussion focused on increasing bilateral trade and investment in Iraq.
The USIBD was created in 2006 as an effort to integrate more American firms into the Iraq market. Now in its fourth installment, the USIBD continues to serve as an arena for open communication between U.S. and Iraq’s private sector members.