Iraq PM's Washington Visit Aims to Resolve 'Dollar Crisis'

Iraqi Prime Minister Mohammed Shia al-Sudani is seen during the launch of the food basket program. (Iraqi prime minister's office)
Iraqi Prime Minister Mohammed Shia al-Sudani is seen during the launch of the food basket program. (Iraqi prime minister's office)
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Iraq PM's Washington Visit Aims to Resolve 'Dollar Crisis'

Iraqi Prime Minister Mohammed Shia al-Sudani is seen during the launch of the food basket program. (Iraqi prime minister's office)
Iraqi Prime Minister Mohammed Shia al-Sudani is seen during the launch of the food basket program. (Iraqi prime minister's office)

Iraqi Prime Minister Mohammed Shia al-Sudani and Foreign Minister Fouad Hussein are preparing to visit Washington separately to discuss two main issues: the dollar crisis and the “strategic framework” agreement between Baghdad and the US.

While Hussein is slated to visit the US late next week, he announced that Sudani would also visit during the coming period.

Hussein’s visit was initially planned to discuss the “strategic framework” agreement, especially amid renewed calls for the withdrawal of foreign forces from Iraq, but the recent dollar’s rise against the Iraqi dinar has changed the agenda of his trip and that of the PM.

On Monday, stressed affirmed that the government was interested in raising the value of its national currency against the dollar.

Aide to Sudani, Hussein Allawi told Asharq Al-Awsat that “Iraqi-US relations are moving towards an advanced level in cooperation and partnership in light of their strategic framework agreement.”

“Upcoming visits to the US by an Iraqi government delegation and Sudani clearly confirm that there are paths aimed at strengthening this relationship through discussing relevant files,” explained Allawi.

Moreover, he revealed that Iraq would discuss common visions in promoting mutual investments.

Iraq is seeking to boost investments and contracts in the field of rice, power plants, renewable energy, the financial sector, and American commercial products.

Sudani’s visit to Washington coincided with his decision to dismiss Central Bank Governor Mustafa Ghaleb Mukheef and Salem al-Jalbi, Director of the Trade Bank of Iraq (TBI) following a weekslong plunge of the dinar.



US Defers Removal of Some Lebanese, Citing Israel-Hezbollah Tensions

Smoke billows from a site targeted by Lebanon's Hezbollah, along the northern Israeli border with Lebanon on July 25, 2024, amid ongoing cross-border clashes between Israeli troops and Hezbollah fighters. (AFP)
Smoke billows from a site targeted by Lebanon's Hezbollah, along the northern Israeli border with Lebanon on July 25, 2024, amid ongoing cross-border clashes between Israeli troops and Hezbollah fighters. (AFP)
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US Defers Removal of Some Lebanese, Citing Israel-Hezbollah Tensions

Smoke billows from a site targeted by Lebanon's Hezbollah, along the northern Israeli border with Lebanon on July 25, 2024, amid ongoing cross-border clashes between Israeli troops and Hezbollah fighters. (AFP)
Smoke billows from a site targeted by Lebanon's Hezbollah, along the northern Israeli border with Lebanon on July 25, 2024, amid ongoing cross-border clashes between Israeli troops and Hezbollah fighters. (AFP)

The United States is deferring the removal of certain Lebanese citizens from the country, President Joe Biden said on Friday, citing humanitarian conditions in southern Lebanon amid tensions between Israel and Hezbollah.

The deferred designation, which lasts 18 months, allows Lebanese citizens to remain in the country with the right to work, according to a memorandum Biden sent to the Department of Homeland Security.

"Humanitarian conditions in southern Lebanon have significantly deteriorated due to tensions between Hezbollah and Israel," Biden said in the memo.

"While I remain focused on de-escalating the situation and improving humanitarian conditions, many civilians remain in danger; therefore, I am directing the deferral of removal of certain Lebanese nationals who are present in the United States."

Israel and Iran-backed Hezbollah have been trading fire since Hezbollah announced a "support front" with Palestinians shortly after its ally Hamas attacked southern Israeli border communities on Oct. 7, triggering Israel's military assault in Gaza.

The fighting in Lebanon has killed more than 100 civilians and more than 300 Hezbollah fighters, according to a Reuters tally, and led to levels of destruction in Lebanese border towns and villages not seen since the 2006 Israel-Lebanon war.

On the Israeli side, 10 Israeli civilians, a foreign agricultural worker and 20 Israeli soldiers have been killed. Tens of thousands have been evacuated from both sides of the border.