Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Radio France Internationale
Radio France Internationale
World
RFI

France and Iraq sign strategic agreements on energy, transport

French President Emmanuel Macron welcomes Iraq's Prime Minister Mohammed Shia' al-Sudani at the Elysée Presidential Palace, in Paris, on January 26, 2023. AFP - CHRISTOPHE ARCHAMBAULT

French President Emmanuel Macron met Iraq's Prime Minister Mohammed Shia al-Sudani on Thursday to sign a set of strategic agreements intended to boost Baghdad's economic cooperation with Paris, notably in the energy and public transportation sectors.

France and Iraq signed a treaty seeking to strengthen bilateral relations in the spheres of anti-corruption, security, renewable energy and culture, the Elysée Palace said in a statement issued on Friday.

Macron and Shia al-Sudani "have reaffirmed their commitment to complete major infrastructures projects based on French know-how", the statement said

On the question of energy transition, the two leaders are committed to the implementation of TotalEnergies's project based on solar energy and investments in gas.

TotalEnergies chief Patrick Pouyanne signing a contract to invest in oil, gas and solar energy production in Iraq. © ©AFP PHOTO / HO / IRAQI PRIME MINISTER'S PRESS OFFICE

Earlier this week, it was revealed that that Qatar was in talks to acquire some of French oil major TotalEnergies' $27 billion cluster of energy projects in Iraq, as Baghdad hopes to stem efforts by western energy companies to exit the country.

When TotalEnergies and Baghdad in 2021 signed an agreement to build four giant solar, gas, power and water projects in southern Iraq over 25 years, hopes for an exodus reversal were high. Exxon Mobil, Shell and BP have all sought to scale back their operations in Iraq in recent years.

The TotalEnergies Paris headquarters. AP - Rafael Yaghobzadeh

(with wires)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.