International economic reports indicate that the global economy in 2025 is shifting toward a trend known as “protectionism” or trade policies favoring domestic industries. This shift could present new challenges for developing countries, including Iraq. As trade tensions rise between major powers, the economic rules of the game are changing, prompting Baghdad to reassess its trade and strategic partnerships.
Experts believe that Iraq needs greater flexibility in its foreign economic policies, expanding its trade partner base, and adopting economic policies that align with global transformations.