Iraq: Introduction

Iraq is a country in Middle East bordering the Persian Gulf. Neighboring countries include Iran, Jordan, Kuwait, Saudi Arabia, Syria, and Turkey. Iran has a strategic location on Shatt al Arab waterway and at the head of the Persian Gulf. Two major rivers, the Tigris and Euphrates, run through the center of Iraq, flowing from northwest to southeast. The government system is a parliamentary democracy. The chief of state is the President and the head of government is the Prime Minister. Iraq has a mixed economic system in which the economy includes some private freedom, combined with weak centralized economic planning and government regulation. Iraq is a member of the Council of Arab Economic Unity (CAEU).

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British Bank Opens Branch in Iraq

12/2/2013 9:39:34 AM

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