The inauguration of the Iraq–Italy Business Council (IIBC) marked a major milestone in strengthening bilateral economic ties between Iraq and Italy. The launch event on 22 October 2025 gathered entrepreneurs, investors, and senior officials for an inspiring dialogue on enhancing trade, investment, and industrial collaboration between the two nations.
The ceremony featured the ribbon-cutting of the IIBC headquarters in Baghdad, attended by Mr. Fabrizio Lobasso, Deputy Director General for the Promotion of Italy and Economic Internationalization at the Italian Ministry of Foreign Affairs, the Ambassador of Italy, and distinguished representatives from the Embassy of Italy. With a shared vision for growth, innovation, and knowledge transfer, #IIBC stands as a bridge connecting Iraqi and Italian businesses towards a prosperous and sustainable future.