Iraq signed a trade agreement with the United States on August 11, 2008, designed to improve trade and investment flows between the two countries. Iraq is a party to the Multi Investment Guarantee Agreement (MIGA), and currently serves as an observer in the World Trade Organization (WTO). In addition, Iraq is currently party to nine separate multiparty agreements within the Arab League, as well as 32 other bilateral agreements worldwide.
Iraq has also concluded Free Trade Agreements with the following countries:

| Algeria | Egypt |
| Jordan | Lebanon |
| Oman | Qatar |
| Syria | Sudan |
| Tunisia | UAE |
| Yemen |
Additionally, negotiations for investment agreements are underway with the following countries:

| Egypt | France |
| Germany | Italy |
| Jordan | Lebanon |
| Oman | Romania |
| Syria | Turkey |
| United Kingdom |