Iraq and US sign $5 billion MOU for job opportunities

INA - Baghdad

PM Advisor Abdul Hussien al-Haneen announced on Friday, that Iraq and US signed a $5 billion Memorandum of Understanding - MOU.

Al-Haneen said to INA that the Ministry of Finance signed an important agreement with the US Bank of Export and Import - EXIM of $5 billions.

"This agreement will lead to an increase in the total amount of funding from EXIM from $3 billions to $5 billions," added al-Haneen.

This agreement indicates upon a partnership on different fields that will create job opportunities in Iraq and develop mutual relations between the two countries.