Iraq has taken another step to grow its economy by signing a new deal with Turkiye. The Iraq–Turkiye wealth deal connects two national funds: the Iraq Development Fund and the Turkiye Wealth Fund. Leaders from both sides met on April 10, 2025, to agree on this partnership.
The Iraq–Turkiye wealth deal focuses on many key areas. These include energy, farming, transportation, digital technology, and financial technology. Both countries want to create projects that bring real results and open new markets.
Iraq wants to attract new partners. It also hopes to use better tools and ideas to manage its resources. Through this deal, Iraq will bring in new technology and improve local industries. These steps help the country build a stronger economy.
Turkiye also benefits from this deal. Its wealth fund wants to invest in countries that offer growth. Iraq gives that chance. Turkiye sees this as part of its plan to grow regionally and globally. It wants to work with trusted partners like Iraq.
Both countries will share knowledge, ideas, and expert advice. This kind of cooperation helps everyone learn faster. It also makes big projects easier to manage and more successful.
The Iraq–Turkiye wealth deal offers a clear plan. It opens the door for smart investment. It supports better planning and stronger partnerships. The two funds aim to bring value to their people by focusing on real progress.
Officials believe that joint investments will start soon. New projects in energy and logistics may lead the way. As these plans move forward, more jobs and business opportunities may follow.
With this new agreement, Iraq shows that it welcomes international partnerships. Turkiye shows that it believes in building strong economic ties. Together, they hope to shape a better future.
