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Finance

Iraq, UK agree on trade package worth up to 12.3 billion pounds, Iraqi PM office says

Published by Global Banking & Finance Review

Posted on January 14, 2025

1 min read

· Last updated: January 27, 2026

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Iraq and UK leaders announce $15 billion trade and defence deal - Global Banking & Finance Review — The image depicts Iraqi Prime Minister Mohammed Shia al-Sudani and UK Prime Minister Keir Starmer during the signing of a $15 billion trade and defence deal, highlighting key economic cooperation.

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CAIRO (Reuters) - Iraq and the United Kingdom have agreed on a trade package worth up to 12.3 billion pounds, the Iraqi prime minister's office said in a joint statement on Tuesday. (Reporting by

Iraq and UK Agree on £12.3 Billion Trade Package

CAIRO (Reuters) - Iraq and the United Kingdom have agreed on a trade package worth up to 12.3 billion pounds, the Iraqi prime minister's office said in a joint statement on Tuesday.

(Reporting by Timour Azhari and Jaidaa Taha; Editing by Hugh Lawson)

Key Takeaways

Iraq and the UK have agreed on a £12.3 billion trade package.
The agreement was announced by the Iraqi prime minister's office.
This deal aims to strengthen economic ties between Iraq and the UK.
The announcement was made in a joint statement on Tuesday.
The trade package is a significant economic development for both nations.

Frequently Asked Questions

What is the main topic?

The main topic is the trade agreement between Iraq and the UK valued at £12.3 billion.

What is the value of the trade package?

The trade package is valued at up to £12.3 billion.

Who announced the trade agreement?

The trade agreement was announced by the Iraqi prime minister's office.

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