Iraq: International Trade & Investment

Iraq's FMCG sector faces mounting pressure from supply chain disruptions, currency fluctuations, and regulatory complexity. As import-dependent distribution networks strain under delayed deliveries and rising costs, contractual frameworks designed for stable conditions now confront questions of performance, pricing adjustment, and risk allocation. How do legal obligations operate when supply continues but under materially altered circumstances?

Iraq's new Commercial Agency Law comes into force on 13 November 2018.here. This Client Alert outlines six possible enforcement scenarios and how foreign investors should plan mitigation.

Contractors and banks intending to enter construction contracts or financing transaction for projects in the Middle East are faced with the questions of the application of Islamic Law and the compliance of certain provisions of their contracts with Sharia.