13 Nov 2024
Thursday 7 February 2019 - 14:40
Story Code : 337740

How US sanctions could be boosting Iran's presence in Iraq

Al-Monitor | : Geopolitical power projection could be, at first sight, the logic underlying Iran's policy of expanding ties with and playing a role in Iraq. But in recent years, and with the growing necessity arising from the reimposition of US sanctions, Tehran has chosen to also focus on geo-economic interests in Iraq. It has tried, therefore, to augment its share of the Iraqi market and major economic projects, helping develop Iraqs soft and hard infrastructure.

The vacuum created by the 2003 US-led invasion of Iraq provided significant room for Iran's strategic interactions with Iraq. And now the Trump administration's sanctions have paradoxically helped Iran concentrate on pursuing geo-economic interests in Iraq.

Accompanied by a large delegation of Iranian business leaders, Foreign Minister Mohammad Javad Zarif recently visited Iraq, with economic diplomacy topping the agenda, an example of Iran's geo-economic ambitions. An upcoming trip to Iraq by President Hassan Rouhani is also expected to revolve around the same economic interactions.

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