The new government in Iraq is likely to face challenges in addressing the issues of political instability, economic crisis, inflation, unemployment, among others. It will also have to maintain a balance between the US, the Arab allies, Iran and Turkey, the main external actors active in Iraq.
Kadhimi’s Bid to Revive Iraqi Fortunes
The Baghdad Conference is significant for a variety of reasons including Iraq’s attempt to emerge as a regional mediator and reduce tensions between Iran and Saudi Arabia on the one hand, and Turkey and Egypt–UAE, on the other. However, at the core of it, the event was aimed at reviving Iraq’s economic and political fortunes.